What reports can you look at to assess Brent prices and their potential movement?
Obviously OPEC will influence supply but are there big manufacturing reports or PMI index etc you should focus on?
Thanks
OPEC meeting this Wednesday coming and the Saudis are pushing for cuts to be lifted from what I have seen in the news.
I can’t think of Brent specific PMI, but I think we can be somewhat safe in looking at the current PMI levels worldwide to gain a world-view on the supply demand of services. Higher the better.
If anyone else knows otherwise, chime in below.