News

Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic ...
Kazakhstan is considering its options for complying with the country’s OPEC+ obligations to cut production, after Saudi ...
When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs ...
Oil prices rallied on Tuesday, recovering most of the losses that came from the OPEC+ decisions to unwind its production cuts ...
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Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
Crude prices fell sharply on Monday, the first trading day after the wider Opec+ producer group announced it would unwind ...
OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy. With prospects of further large supply increases in the months ahead, we revised ...
Saudi Arabia Warns OPEC+ Members Over Production Compliance Saudi Arabia, the de facto leader of OPEC+, has issued a stern ...
Nigeria, Africa’s largest oil producer, has been left out of a new output increase arrangement by eight members of the OPEC, ...