Oil market news November 2024: Decoding recent market movements

December 9, 2024November 21, 2024 by Wilson Chan

The alarm bells are ringing across global energy markets as oil market news points to significant shifts in supply-demand dynamics. Using analysis and insights from our Trading Co-Pilot, let’s briefly look at the complex tapestry of factors currently shaping crude oil prices. Supply concerns and market dynamics There’s a sense of unease in recent oil … Read more

5 ways OPEC influences the price of oil: Market analysis from our Trading Co-Pilot

November 18, 2024 by Wilson Chan

For a long time, we have seen OPEC’s commanding presence in global oil markets, wielding influence through both direct and indirect means. A look at event and announcement data from our Trading Co-Pilot over the selected period of August to November 2024 (see above image) particularly illustrates the way OPEC influenced the price of oil … Read more

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