Oil 13 (Oct 23 - Dec 27)

[behappyalways]

Oil Plunges On Report Saudis Bracing For Price War, Can "Live With Lower Oil Prices"
https://www.zerohedge.com/markets/oil-p ... oil-prices

[behappyalways]

Libya At Risk Of Declaring Force Majeure On Oil Production After Militia Attacks
https://www.zerohedge.com/commodities/l ... ia-attacks

[behappyalways]

OPEC+ Hikes Output For Third Time By 411Kbpd, Despite Reservations From Russia
https://www.zerohedge.com/markets/opec- ... ons-russia

[winston]

Oil Could Easily Make a Major Reversal Soon

by Brett Eversole

Right now, traders are about the most negative they’ve been on oil in the past 12 years.

As oil prices fall, traders assume they’ll keep falling. But eventually, sentiment gets overdone… And when there’s no one left to sell, prices reverse.

When traders all agree, we want to do the opposite.

History shows oil could easily shoot back above $80 a barrel in the months ahead. And while it seems impossible today, $100-per-barrel oil could be a reality at some point in the next year.

Source: Daily Wealth

https://tradesoftheday.com/2025/06/11/o ... rsal-soon/

[behappyalways]

Countries with the largest proven oil reserves
https://x.com/Mayhem4Markets/status/1938408421218300205

[behappyalways]

OPEC+ Boosts Output More Than Expected In Quest To Snuff Shale
https://www.zerohedge.com/markets/opec- ... nuff-shale

[behappyalways]

Oil Rips As Trump Reduces Russia's 50-day Deadline For Peace Deal With Ukraine
https://www.zerohedge.com/markets/oil-r ... al-ukraine

[winston]

Opec+ leaves traders with cliffhanger as stormy chapter ends

Goldman expects that the coalition will most likely pause and hold output levels steady for some time as it takes stock of supply and demand balances

Saudi Arabia and its partners have stunned oil markets and capped futures prices in recent months by pushing more barrels into a fragile global market, offering relief to consumers and a fillip for US President Donald Trump.

On track for a hefty surplus of two million barrels per day in the fourth quarter.

Source: Bloomberg

https://www.businesstimes.com.sg/compan ... apter-ends

[behappyalways]

Oil Jumps As Trump Threatens India With 'Substantial' Tariffs For Buying Russian Crude
https://www.zerohedge.com/energy/india- ... an-economy

[behappyalways]

Crude Prices Tumble To 3-Mo-Lows As Saudis Push To Accelerate OPEC+ Production Boost
https://www.zerohedge.com/energy/crude- ... tion-boost