8 May | Oil

United States. OPEC Crude oil Production UAE (Barrel). The value of the indicator remained at the same level of 2.91M

A report on this calendar event is released monthly by the OPEC.

The presented indicator measures the volume of oil production of the United Arab Emirates, one of the member countries of the Organization of Petroleum Exporting Countries, which controls oil production quotas. OPEC includes 13 countries.

In addition to the United Arab Emirates, these are Equatorial Guinea, Angola, Congo, Saudi Arabia, Gabon, Nigeria, Libya, Algeria, Iran, Kuwait, Venezuela, Iraq.

Comments by the MarketCheese analysts: no change of the indicator value may reduce the volatility of the related markets.

MarketCheese MarketCheese
Period: 22.05.2025 Expectation: 89500 pips
BTCUSD correction wave forms sell signal targeting 93,700
Today at 08:47 AM 6
Period: 20.05.2025 Expectation: 4065 pips
Optimism for Tesla is limited by weak sales and competition
Today at 05:07 AM 7
Period: 16.05.2025 Expectation: 700 pips
Silver prices started to rebound toward 33.6
Yesterday at 11:15 AM 37
Period: 13.05.2025 Expectation: 900 pips
USDJPY seen retreating to 145.00
Yesterday at 09:38 AM 19
Period: 18.05.2025 Expectation: 3085 pips
Trading optimism and technical signal reinforce S&P 500's upside outlook
Yesterday at 08:18 AM 39
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Gold sell
Period: 19.05.2025 Expectation: 18000 pips
Selling gold amid de-escalation of trade tensions with target of 3100
Yesterday at 06:52 AM 78
Go to forecasts