Tag Archives: #production

May 25, 2017 – Story of the week: OPEC meeting – few thoughts and what to focus on today

Mr Price Action/ May 25, 2017/ Story Of The Week/ 0 comments

  There is a lot in stake for OPEC during today’s meeting in Vienna – Austria, for all participants. Some of the OPEC members have more to lose than others but at the end everybody needs to keep oil prices higher, the main reason is that their government’s budgets are highly relying on oil income. The equation is very simple:

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