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WTI Rangebound: How Stalled Peace Talks & OPEC Strategy Will Shape the Oil Market

WTI's rangebound struggle is analyzed, fueled by renewed geopolitical risk from Ukrainian strikes on Russian oil infrastructure and stalled peace talks, which are balancing out high stockpiles and OPEC strategy. The article discusses Thursday's 1% price climb to $59.70, suggests the downside is favored in the forward outlook, and includes technical analysis on WTI.

05-12-2025 00:15 GMT by Zain Vawda

OPEC+: What to expect from the upcoming meeting

The text analyzes expectations ahead of Sunday’s OPEC+ meeting, highlighting that no significant production changes are anticipated. Oil prices are shaped mainly by geopolitical factors, especially ceasefire speculation in Ukraine. Internal tensions center on Iraq’s push for a higher quota, with the most probable result being only a modest technical adjustment to preserve group cohesion.

28-11-2025 14:20 GMT by Łukasz Zembik