Negotiations to restart the crisis at the Central Bank of Libya, recent warming in oil prices may return to a downward trend.
The competitors of this OPEC country's government have differences regarding the central bank governor issue; the stalemate has led to a significant decrease in crude oil production, triggering a tense mediation.
Oil: The End of an Era – Rabobank
OPEC is highly bullish on long-term oil demand, while the IEA sings a different tune.
OPEC is highly bullish on long-term oil demand growth. Not everyone agrees.
OPEC's 2024 global oil outlook: bullish on the oil market prospects, no demand peak in the short term.
①OPEC believes that some countries and companies may resist overly aggressive clean energy goals, in addition, some global auto manufacturers have also adjusted their electrification goals, reducing investment in electric vehicles; ②OPEC expects global oil demand to reach 0.1189 billion barrels per day by 2045.
Peak Oil Demand Isn't on the Horizon, OPEC Says
Escalation in the Middle East Conflict Pushes up Oil Prices – Commerzbank
SpyderCall OP : @ThirtyOne
Check it out. I know you were asking about $United States Gasoline Fund Lp (UGA.US)$ the other day. We might see a swing up soon. I'm still trying to decide wether to go long or not. I can't find any news or any type of catalyst for this pop so I am still skeptical.
ThirtyOne SpyderCall OP : I appreciate it! Yea I have been watching this with UNG
TinkerB3ll SpyderCall OP : Agree personally now look to go long but again NG is so highly manipulated![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
SpyderCall OP TinkerB3ll : That is exactly why I am skeptical. I feel like the manipulation could be at its highest ever since the Russian war/Nat gas supply issues.
Ultratech TinkerB3ll : ng is heavily shorted that's why kold when ung is high
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