Tag: OPEC meeting

What Will Happen In The Next OPEC Meeting?

What Will Happen In The Next OPEC Meeting?

The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in […]

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Occidental Petroleum $OXY: Unusual Call Option Activity…

| December 3, 2015 | 0 Comments
Occidental Petroleum $OXY: Unusual Call Option Activity…

Big Call Option Buyer In Occidental Petroleum $OXY! As I mentioned a few days ago, tomorrow’s OPEC meeting has big consequences for the oil market.  If smaller OPEC members convince Saudi Arabia to cut production, we could see a sudden upturn in oil prices.  On the other hand, if the Saudis stick to their guns, an […]

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