According to analysts at TD Securities, the energy market is looking for the OPEC group of producers to strengthen their compliance, which they hope will work alongside a truce in the US-China trade war to help balance the market. Key Quotes “This week, however, the complex will have to contend with elevated prices without the aggressive CTA buying flow observed last week. With the algorithmic buying program in the rearview, we would not be surprised to see crude oil prices ease off recent highs in the coming week. Indeed, large surpluses in early 2020 still linger on the horizon, especially as OPEC+ will likely hesitate to deepen output cuts when they meet in December, which suggests this latest rally will likely run out of steam.” 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 Russia’s Novak: Russian producers to discuss OPEC deal at the end of this week FX Street 3 years According to analysts at TD Securities, the energy market is looking for the OPEC group of producers to strengthen their compliance, which they hope will work alongside a truce in the US-China trade war to help balance the market. Key Quotes "This week, however, the complex will have to contend with elevated prices without the aggressive CTA buying flow observed last week. With the algorithmic buying program in the rearview, we would not be surprised to see crude oil prices ease off recent highs in the coming week. Indeed, large surpluses in early 2020 still linger on the horizon, especially… 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.
