NOPEC hopes rally crude

Share on twitter
Share on linkedin

The mood of crude has flipped again, with optimism rising ahead of the NOPEC meeting at the weekend. Even though doubts persist, for today, oil prices push higher. Hark, here are six things to consider in oil markets today.  

1) We discussed on Monday how the Kurdistan Regional Government (KRG) is expecting no major impact to its crude oil production from the OPEC decision, and how crude from northern Iraq flows through the 600-mile Kirkuk-Ceyhan pipeline before being loaded onto tankers in the Turkish port. 

The KRG controls