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Goldman Sachs (GS) Says President Trump Wants Oil Prices at $40 to $50 a Barrel
US Total Crude Oil Stocks Rebound in Week Ended May 9
OPEC monthly report: As oil prices fall, the growth of non-OPEC supply is expected to slow down in 2025.
According to the OPEC monthly report, oil supply from non-OPEC+ producing countries (including the USA) is expected to increase by about 0.8 million barrels per day in 2025, down from last month's forecast of 0.9 million barrels per day. Analysis suggests that the slowdown in non-OPEC+ supply growth will benefit OPEC+ in balancing the market.
OPEC Signals Cautious Optimism on Trade, Holds Oil Demand Forecast -- Update
Oil Falls on Trade Uncertainty, U.S. Weekly Inventory Prospects -- Market Talk
UAE Stocks Tick Down As Oil Price Concerns Spook Investors
TinkerB3ll : @JustSurfacenot sure are you still in this my friend? NG getting slaughter i think WTI going down too maybe can buy into this :) i bought 90% into this as 81 is the resistance and have been unable to break it just my thoughts. Im out of NG triggered by the stop lost yesterday and lost 4k :( it will continue to make lower low.
JustSurface OP TinkerB3ll : I wish I was. down 5k, sunken cost fallacy I am bag holding NG till.... ?
TinkerB3ll JustSurface OP : Whats your avg now? I think we might really test 3.6 and if we do break it will be nasty to 2.5 range
JustSurface OP TinkerB3ll : 44 avg
