Goldman Sachs warns copper's record rally is driven by speculative inflows rather than real demand, signaling prices have likely peaked and may decline as fundamentals ease.
#YonhapInfomax #GoldmanSachs #CopperPrices #SpeculativeDemand #LondonMetalExchange #SupplySurplus #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=100148
OPEC has shifted its outlook, now projecting a slight global oil supply surplus for 2025 due to increased production from OPEC+ and other producers, sending WTI crude prices down 4%.
#YonhapInfomax #OPEC #WTICrude #SupplySurplus #OPECPlus #OilPrices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90538
OPEC Acknowledges Supply Surplus for Next Year—WTI Plunges 4%

OPEC has shifted its outlook, now projecting a slight global oil supply surplus for 2025 due to increased production from OPEC+ and other producers, sending WTI crude prices down 4%.

Yonhap Infomax
OPEC+ will limit its December oil output hike to 137,000 barrels per day and suspend further increases in Q1 2026, responding to oversupply risks flagged by the IEA.
#YonhapInfomax #OPECPlus #OilProduction #IEA #SupplySurplus #137000BarrelsPerDay #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=88762
OPEC+ Halts Output Increase in Q1 Next Year Amid Oversupply Fears

OPEC+ will limit its December oil output hike to 137,000 barrels per day and suspend further increases in Q1 2026, responding to oversupply risks flagged by the IEA.

Yonhap Infomax