Oil rises ahead of the OPEC+ meeting – Daily Market Brief, October 5, 2022

OPEC+ is expected to cut oil production in today’s meeting, possibly by 1 million barrels per day. Oil trades 8% higher this week, ahead of the meeting. ·         AUD/NZD falls as the RBNZ hikes rates by 50bps after the RBA hiked by a smaller 25bps ·         Eurozone … Continue reading Oil rises ahead of the OPEC+ meeting – Daily Market Brief, October 5, 2022 →Read more