Why OPEC+ Is Pumping Fast and Playing Hardball
OPEC+ blindsided oil market participants, again, with a larger-than-expected oil production hike for August. Instead of the…
OPEC Oil Production Fell Short of OPEC+ Target in May
OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement which had a…
StanChart: OPEC+ Is About To Become Much More Transparent
A week ago, the 39th OPEC and non-OPEC Ministerial Meeting was held via videoconference, chaired by Prince Abdulaziz…
Oil Bulls Bite Back as Prices Defy Expectations
OPEC+ did what everyone expected it to do last weekend, announcing another production ramp-up. Prices, however, did something…
OPEC+ Gives Up Trying To Boost Prices. What’s Next?
For over two years, OPEC and its partners from Central Asia, led by Russia, tried to push oil…
Tight Now, Loose Later: Oil Futures Flash Warning
Last week, OPEC+ announced it will once again accelerate the pace of unwinding of production cuts, with output…
OPEC April oil output edges lower despite plans for hike, survey finds
By Alex Lawler LONDON (Reuters) -OPEC oil output edged lower in April despite a scheduled output hike taking…
OPEC+ Stuns Market With Larger Than Expected Output Hike
Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output…
OPEC+ members fast-track oil supply increase
Eight OPEC+ nations — Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman — will boost…
Saudi Signals and Trump Tariffs Are Cracking the Oil Market
Low inventories reported today by the Energy Information Administration (EIA) did nothing to staunch the bleeding, with WTI…
Russian Oil and Gas Revenues Set for 22% Plunge in April
Russia is expected to see its oil and gas revenues for April slump by 22% from a year…
Kazakhstan Defies OPEC+ in Push for Oil Autonomy
Kazakhstan has sparked fresh tensions within OPEC+ by asserting that its oil production strategy will be governed by…