Commodities Update Oil futures dropped once again today ahead of tomorrow’s much-anticipated OPEC meeting. Investors have become increasingly sceptical that any oil production cut will be unilaterally agreed upon tomorrow, with major players Saudi Arabia sticking to their guns, claiming that they have no need to cut production at current prices. Another concern of many oil producers is that a cut in crude will lead to a boom in US shale production, causing further and more significant falls in oil prices.
See where we close today at the moment we are 4.79% down gla...
Tell your family and friends, all YOU want for Christmas is Rockhopper Shares !
Red all day and a blue finish ??gla..
Yes, has been a lot of activity in here, fogl and other oilies over the last few trading days. Most likely due to the upcoming OPEC announcement, but certainly keep an eye out
If you are going on the buy/sell ratios on lse forget it as they are often wrong and misleading,i have L2 and there seems a big effort to hold this down all day then at close of play go back up again been going on for a few days now.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.