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OPEC


Enriched Tensions

By: Ryan Wolfe / Posted on: July 8, 2019

According to reports, Iran is quickly going to breach the Uranium-stockpile limit set by the current nuclear deal.  President Hassan Rouhani of Iran has already warned that a new deal needed to be in action by Sunday June 7, 2019 or the Islamic Republic will increase enrichment of Uranium.  Globally, there is much concern with the growth rate of Iran’s uranium cache, because they are just a step away from weapon-grade levels of uranium.

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$40/Barrel a Possibility?

By: Daniel Guttman / Posted on: June 18, 2019

 

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Trump's Tweet Helps Send Us Lower

By: Mike Dombroski / Posted on: March 28, 2019

WTI failed to settle above $60/barrel yesterday and President Trump’s tweet warning OPEC on high oil prices may be taking the wind out of the bull’s sails.

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March Madness

By: George Butler / Posted on: March 5, 2019

Notwithstanding OPEC production cuts, Venezuela sanctions restricting crude supply to the US Gulf Coast driving the market higher, retail gasoline prices are poised to make their annual spring run. Seasonal specification changes in gasoline have a significant impact on price.

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Oil Slides Down The Slope

By: Pam Corn / Posted on: February 4, 2019

Brent crude Oil prices hit a two-month high near $64 a barrel as OPEC led supply cuts and U.S. sanctions against Venezuela's oil exports brightened the supply outlook, but prices fell back on uncertainty about prospects for the global economy.

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