OIL PRICE & ENERGY INSIDER
After charging to $80 per barrel on Tuesday, oil prices fell back on news of inventory builds and extra supply, and now markets are nervously waiting for the OPEC+ meeting. Talking of the OPEC+ meeting, make sure you've signed up for Global Energy Alert to keep abreast of all of the most important news in energy markets. Today's newsletter has just gone out and the Intelligent Investor stock analysis common will be landing in members' inboxes later today. Friday, October 1st, 2021 As OPEC+ meets once again next Monday, speculation has been rife regarding the oil group’s intentions to bring more crude into the market. Whilst prices are still close to the $80 per barrel mark, with Brent trading around $78 per barrel and WTI trending around $74.5 per barrel, the first US inventory stock build since late July and news of OPEC+ laggards (Russia and Kazakhstan) ramping up supply has provided some downside for prices. At the same time, exorbitan...