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Crude oil futures rose significantly in early trading, but fell in the final trading session on Wednesday. OPEC Plus key ministers plan to begin increasing production in December.Without changing policies,concerns about excess market supply resurfaced.
According to reports, key members of OPEC+ agreed to maintain the previously agreed plan to gradually increase daily production by 0.18 million barrels in December as part of an effort to unwind the voluntary cut of 2.2 million barrels per day until November 2025, easing production limits in an online meeting on Wednesday.
The U.S. Energy Information Administration released bearish data indicating a significant decrease in weekly demand until Friday, with domestic commercial crude oil inventories increasing by 3.9 million barrels.
According to reports, key members of OPEC+ agreed to maintain the previously agreed plan to gradually increase daily production by 0.18 million barrels in December as part of an effort to unwind the voluntary cut of 2.2 million barrels per day until November 2025, easing production limits in an online meeting on Wednesday.
The U.S. Energy Information Administration released bearish data indicating a significant decrease in weekly demand until Friday, with domestic commercial crude oil inventories increasing by 3.9 million barrels.
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$USD/JPY (USDJPY.FX)$
Has it already exceeded the expected range? The 139 yen range has gone too far. Speaking of which, what was that 160 yen? It is said that there was no need for intervention.
Has it already exceeded the expected range? The 139 yen range has gone too far. Speaking of which, what was that 160 yen? It is said that there was no need for intervention.
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$Bitcoin (BTC.CC)$
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
$Nikkei 225 (.N225.JP)$
Will bitcoin, semiconductors, and the Nikkei average have a major impact on the future with this victory or defeat??
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
$Nikkei 225 (.N225.JP)$
Will bitcoin, semiconductors, and the Nikkei average have a major impact on the future with this victory or defeat??
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