All eyes on whether Opec will raise production
IEA sees demand of 95m barrels a day; main driver of oil price in near future expected to be vaccine-related news
London
MANY investors and speculators who have boosted crude oil prices and energy shares have largely ignored sizeable global oil inventories and a potential rise in supplies.
The key will be the reaction of the Organisation of the Petroleum Exporting Countries (Opec) at their meeting at the end of November.
The question is whether there…
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil rises as dollar slips, focus shifts to economic data
California to wrap up ExxonMobil plastics probe ‘in weeks’, AG says
Gold edges higher; hovers near one-week low on tempered Middle East fears
Why has gold’s inverse relationship with the US dollar reversed?
Oil futures fall as fears of a wider Middle East war fade
Malaysia’s Sapura Energy to sell stake in SapuraOMV to TotalEnergies for US$705 million