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Occidental Petroleum Q3 Adjusted EPS, Net Sales Decrease
Wells Fargo Maintains Occidental Petroleum(OXY.US) With Hold Rating, Maintains Target Price $56
If OPEC+ cancels the voluntary production cut plan, what will happen? Analysis: Oil prices may be halved next year.
1. The agreement of OPEC+ member countries to reduce daily production of 2.2 million barrels of crude oil has been postponed until the end of December; 2. Market observers state that if the organization does not reach a genuine agreement to control production in the future, oil prices may fall to $30 or $40 per barrel next year; 3. According to forecasts, the organization is more likely to gradually phase out production cuts early next year, rather than immediately withdrawing completely.
E-minute understanding: What is the special trade that collapsed across the board yesterday for Trump?
On Tuesday, the European and American stock markets experienced a significant decline, with the US stocks ending their previous rising trend, and all three major indices falling together, while major stock indices in Europe fell across the board.
The Trump Administration Will Shake Up Options Markets. How to Profit
Decoding Occidental Petroleum Corp (OXY): A Strategic SWOT Insight