... factored into price forecasts. The alliance is demonstrating unity and readiness to adjust production levels again if necessary: on September 7, during the ministerial monitoring committee meeting, OPEC+ ministers will assess the situation and discuss the future of the remaining cuts (1.65 million b/d, formally extended until the end of 2026). At the same time, OPEC's latest monthly report instills confidence in demand resilience. Key points from the new forecast include: Global Economy is projected to ...

... remain relatively stable, although the influence of oversupply factors is palpable. Following the OPEC+ alliance's decision to increase production from September and signals of slowing demand, oil prices have decreased to a weekly low. On Monday, Brent futures dipped below $69, while the U.S. benchmark WTI approached ~$67, responding to concerns over surplus supply. Nevertheless, the market finds equilibrium due to several compensating trends: Demand and Seasonal Factors. The global summer travel season ...

... approach May, attention is focused on the projected price of Ethereum for the month—this requires assessing the current situation, examining the key factors influencing the price, conducting technical analysis, and exploring possible scenarios for future developments. Key Factors Affecting Ethereum Price in May 2025 Network Upgrades (e.g., Cancun Upgrade) One of the essential drivers of ETH's value is the technical upgrades to the Ethereum network. In 2022–2023, the platform successfully transitioned ...

... Investors should pay close attention to the Eurozone Consumer Confidence Index, Germany's preliminary Consumer Price Index for November, and speeches from European Central Bank officials, as these events could provide insights into economic health and future monetary policy directions. Stay informed to navigate the potential market movements arising from these developments. Thursday, November 28, 2024: Analysis of Key Events and Reports On Thursday, November 28, 2024, several significant economic ...

... latest cryptocurrency news, analyze the status of Bitcoin, Ethereum, and other popular digital currencies such as XRP, Binance Coin, Solana, Dogecoin, Cardano, and TRON. We will delve into the factors influencing their rise and fall, while also providing future forecasts for investors. We will assess the opportunities available to market participants in the current economic landscape and how to leverage them for personal advantage. This is essential information for anyone wanting to stay abreast of developments ...