Brent “Does Not Believe” OPEC+

<p><img width="479" height="359" src="https://www.actionforex.com/wp-content/uploads/tag-images/oil1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/tag-images/oil1.jpg 479w, https://www.actionforex.com/wp-content/uploads/tag-images/oil1-300×225.jpg 300w, https://www.actionforex.com/wp-content/uploads/tag-images/oil1-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/tag-images/oil1-265×198.jpg 265w" sizes="(max-width: 479px) 100vw, 479px" /></p>
<p>Brent oil prices fell to 78.30 USD per barrel on Monday. Despite OPEC+ decisions at the November meeting, oil prices are falling. The issue is that the actual parameters of OPEC+ quotas turned out to be lower than investors expected. This does not cancel out the Cartel&#8217;s powerful support on prices. However, the market cannot [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/530220-brent-does-not-believe-opec/">Brent &#8220;Does Not Believe&#8221; OPEC+</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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