Golden Ten Data News on November 28th, in the early Asian market on Thursday, international oil prices remained basically unchanged. Analysts at ANZ Bank stated in a commentary article that the market is waiting for OPEC's next move. OPEC will hold a meeting on Sunday to discuss plans to gradually phase out the voluntary production cut of 2.2 million barrels per day. In addition, ANZ Bank pointed out that oil prices may also be affected by the tense situation in the Middle East. They stated that the latest remarks by Israeli Prime Minister Netanyahu raise doubts about whether the ceasefire between Israel and Hezbollah will continue.
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Oil prices stabilize for the time being as the market awaits the outcome of the OPEC meeting.
Golden Ten Data News on November 28th, in the early Asian market on Thursday, international oil prices remained basically unchanged. Analysts at ANZ Bank stated in a commentary article that the market is waiting for OPEC's next move. OPEC will hold a meeting on Sunday to discuss plans to gradually phase out the voluntary production cut of 2.2 million barrels per day. In addition, ANZ Bank pointed out that oil prices may also be affected by the tense situation in the Middle East. They stated that the latest remarks by Israeli Prime Minister Netanyahu raise doubts about whether the ceasefire between Israel and Hezbollah will continue.