OPEC Meeting + Futures Trading Levels for April 3rd
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
OPEC Meeting tomorrow
- OPEC+ JMMC meets on Wednesday at 1100 GMT
- Producers earlier agreed to extend output cuts
- Oil rallies to $89 a barrel, highest this year
LONDON, April 2 (Reuters) – An OPEC+ ministerial panel is unlikely to recommend any oil output policy changes at a meeting on Wednesday, five OPEC+ sources told Reuters, as oil prices hit their highest this year.
The Organization of the Petroleum Exporting Countries and allies led by Russia, known as OPEC+, will hold an online joint ministerial monitoring committee meeting (JMMC) on April 3 to review the market and members’ implementation of output cuts they have already agreed to extend.
Gold hit all time highs!
Gold chart for your review below.
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Daily Levels for April 3rd, 2024
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