Natural Gas and Oil Forecast: Prices Wobble as OPEC+ Meeting Looms
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Oil and natural gas prices are experiencing volatility ahead of the OPEC+ policy meeting, where potential supply cuts and tariffs could influence market dynamics.
January 30, 2025 | 6:00 am
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The United States Brent Oil Fund (BNO) may see price fluctuations due to the upcoming OPEC+ meeting, which could result in supply cuts and tariffs affecting oil prices.
BNO, as an ETF tracking Brent oil prices, is directly impacted by changes in oil supply and tariffs. The OPEC+ meeting could lead to decisions that affect oil supply, thus influencing BNO's price.
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