OPEC+ Production Increase Likely to Be Postponed for Another Three Months – Commerzbank
Chevron Analyst Ratings
UBS Adjusts Chevron Price Target to $195 From $194, Maintains Buy Rating
Oil Prices Hold Steady Ahead Of OPEC+ Meeting
OPEC crude oil production capacity has expanded for two consecutive months, with the narrative of 'overcapacity' sweeping the oil market.
In November, the daily production increased by 0.12 million barrels; under pressure from allies, Iraq has been reducing production for three consecutive months.
OPEC's Power Is Waning. That's Bad for Oil Bulls. -- Barrons.com
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