WTI/GBP

Consistent with BTU Analytics’ forecast, OPEC+ again delayed its decision to bring back 2.2 MMb/d of voluntary production cuts to April 2025. The group initially planned to roll back these cuts in October 2024. The delay comes amid concerns around global demand growth and, on the supply side, adherence to OPEC+ production quotas. Overproducing has become ...

In its raw form, liquidity refers to the ease with which assets can be bought or sold in a market without significantly affecting their prices. Imagine a bustling marketplace where buyers and sellers gather to exchange goods. If there are plenty of participants, and they are willing to buy and sell freely, that market is considered liquid. Conversely, a ...