According to the latest CME OPEC Watch Tool, the probability of the OPEC+ maintaining the output cut policy at its December meeting stands at 81.51%. The consensus for further output cuts is seen at a meager 8.23% while there is a 10.26% chance of the OPEC+ increasing its output levels when it meets in Vienna on December, 5th. About CME OPEC Watch Tool The new CME OPEC Watch Tool uses NYMEX WTI Crude Oil Option prices to calculate probabilities of certain outcomes of the next OPEC meeting. This tool derives probabilities from the closet expiration month that expires after the OPEC meeting. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China’s ForeignMin hopes US will work with China on basis of equality and mutual respect FX Street 3 years According to the latest CME OPEC Watch Tool, the probability of the OPEC+ maintaining the output cut policy at its December meeting stands at 81.51%. The consensus for further output cuts is seen at a meager 8.23% while there is a 10.26% chance of the OPEC+ increasing its output levels when it meets in Vienna on December, 5th. About CME OPEC Watch Tool The new CME OPEC Watch Tool uses NYMEX WTI Crude Oil Option prices to calculate probabilities of certain outcomes of the next OPEC meeting. This tool derives probabilities from the closet expiration month that expires after the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
