CTAS will continue to sell raw and industrial minerals (X-Copper) in most prices for prices by this time next week. In the immediate period, CTA will continue to influence price procedures at the OPEC meeting, Daniel Ghali, the basic commodity expert in TDS.
The demand for energy remains flexible
“While the markets will struggle to absorb additional barrels from OPEC+, energy demand is still flexible, the production of oil rock in the United States has reached its climax, and the Venezuelan export licenses have ended, and the geopolitical risks surrounding Iran are still high – all of which will probably serve as shock absorbers to reduce prices for time.”
“After the strong seasonal summer months, OPEC exports should rise more than that and pressure the global crude markets without subsequent disruption to provide them. The road to the high prices remains very narrow, and although the speculative sites are Habboudi, they are not currently vulnerable to pressure.”
