In this episode of The Officials, Jorge, Harry, Will and Ed dive into the latest developments in oil markets, uncovering shocking claims about OPEC's data credibility and the mounting pressure on analysts to alter production figures. With oil prices slipping into the upper $60s, the Officials break down the real drivers behind the volatility—beyond just market speculation…..

The Officials discuss:

The growing scepticism around OPEC’s reported production numbers
How trade wars and tariff battles are shaking up global economies
The potential impact of a resolution in Ukraine on European markets
China’s economic outlook and its influence on global oil demand
The shifting dynamics in energy exports and geopolitical power plays

With major corrections across stock markets, crypto losses, and uncertainty in trade policies, the Officials explore what’s next for oil and global economics. Will the market correct itself, or are we heading into more turmoil?

#OPEC #Data #oil #oilandgas #oott #geopolitics #data #credibility #volatilty #energymarkets #energy #trading #finance

https://linktr.ee/onyxcapitalgroup

Follow us:
YouTube: https://www.youtube.com/@worldofoilderivatives
LinkedIn: https://www.linkedin.com/company/onyx-capitalgroup/
X: https://x.com/Onyx__Edge
TikTok: https://www.tiktok.com/@onyxcgroup
Instagram: https://www.instagram.com/onyxcgroup/

CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs and spread bets. You should consider whether you understand how CFDs and spread bets work and whether you can afford to take the high risk of losing your money.

OPEC+ Data Controversy: The Officials with Jorge Montepeque | S2 E8

Flux News