Oil prices climb ove...từ Irie

01 Dec 2025, 13:44 · Views 95

Oil prices climb over 1% after OPEC+ reaffirms pause; supply risks in focus Oil prices rose more than 1% in Asian trading on Monday, supported by OPEC+’s reaffirmation to hold output steady during the first quarter, and by renewed supply concerns stemming from geopolitical tensions. As of 20:52 ET (01:52 GMT), Brent Oil Futures expiring in February rose 1.2% to $63.13 per barrel, while West Texas Intermediate (WTI) crude futures also jumped 1.2% to $59.27 per barrel. #CrudeOil# #OPEC#

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USTEC - Analysis 1. Trends * Higher timeframe (1D & 4H) still down because price made lower highs and lower lows this week. * Short-term (1H–5M) is up because price is recovering from the 24,640 demand zone. * Market is in a pullback inside a bigger downtrend. Resistance: * 25,520–25,620 * 25,700–25,780 * 25,260–25,320 Support: * 25,140–25,100 * 24,960–24,900 * 24,700–24,640 3. Insights: * Price is reaching a sell area around 25,260–25,320. * Safe trade: Sell only if price rejects this zone with clear weakness. * Targets can be: 25,190 → 25,140 → 25,100 (50-point steps). * Avoid buys unless price breaks above 25,320 and retests. * As of now, sellers have better control on higher timeframe, so short is safer only after rejection.

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US S&P Global PMI Preview: Business activity likely to show steady expansion in November The S&P Global flash PMIs for November are expected to show expansion continued in the month. The employment and inflation sub-indices will attract attention in the aftermath of the government shutdown. EUR/USD bounced from its recent lows, USD could recover its bullish poise with upbeat data. #S&P500# #EUR/USD# #BullishSentiment#

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ANZ’s Nuno Matos named new Australian Banking Association council chair Nuno Matos appointed: ANZ Group CEO becomes new chair of Australian Banking Association council. Replaces Andrew Irvine: National Australia Bank chief steps down after leading through policy and commercial challenges. Role of ABA: Represents major banks, shapes industry policy, consumer protections, and regulatory settings. Council’s function: Sets strategic priorities, guides banks on tech, competition, and customer behaviour shifts. Matos’ priorities: Support a competitive banking system for all Australians. Protect access to core banking services. Strengthen safeguards against scams. #ANZ# #NunoMatos# #australian# #Newzealand#

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