In this week and the coming week’s OPEC meetings, the leaders of the countries could provide support to the price. There is also a likelihood that OPEC could continue to flood the oil market. Already, Saudi Arabia has talked about reducing the production. They could do this to false bankruptcies in the US oil market. Schedule of prices for brent crude oil on forex. As more pipelines get completed in 2019, this may continue to put pressure on the oil market.

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