Stories tagged #OPEC

BTC Rallies as Gulf Oil Flows Top 20M Barrels Daily

zippfeed.com

🔥BULLISH

2h ago

BTC Rallies as Gulf Oil Flows Top 20M Barrels Daily

Supply running above the pre-war baseline means the supply shock isn't just healed, it's overshot, taking the war-risk premium off crude prices.

CoinTelegraph

OPEC+ Approves 940K bpd Supply Hike, Cumulative Cuts Unwound

zippfeed.com

🩸BEARISH

36d ago

OPEC+ Approves 940K bpd Supply Hike, Cumulative Cuts Unwound

The cumulative volume is the real story, not any single monthly increment: 940K bpd of added supply since the war began is now filtering into a market also bracing for slower demand.

CoinTelegraph