David Cheetham

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Oil price recovers after shaky start to 2017

Recent sessions have seen a resurgence for oil benchmarks with the front month contract in Brent rising back above the $56 a barrel level. Despite the OPEC deal to cut output beginning officially at the start of the year, there was some notable weakness in the market with a rally early on during the ...

David Cheetham


Posted 2 months agoOpinion > oilprice

Does an OPEC cut guarantee a full recovery?

At the end of last month the finishing touches were put on a deal struck by OPEC members in September that sees the organisation plan to reduce their output in an effort to support the price of oil. During the press conference in Vienna when the specifics of the agreement were confirmed by Mohammed ...

David Cheetham


Posted 3 months agoOpinion > xtb.comOPEC
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