Author: Antreas Themistokleous

The upcoming week promises a whirlwind of activity for oil and gold traders, with crucial US job reports that include non-farm payrolls and unemployment data, as well as lingering geopolitical tensions set to shape market sentiment. Oil Markets: OPEC+ Hesitation Amid Rising Demand Concerns OPEC+ has announced a gradual increase in oil production starting in October, but market jitters persist due to ongoing demand concerns and robust supply from non-OPEC+ sources. While Saudi Arabia’s pledge to maintain production cuts in the third quarter offers some support, the delayed decision on production baselines until 2026 underscores the cautious approach of the…

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