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…
OPEC Lowers 2025 Oil Demand Forecast on Trade Tensions
?OPEC has revised its global oil demand growth forecast for 2025, citing escalating trade tensions and weaker-than-expected economic…
OPEC Cuts Oil Production in March, Ahead of Ramp Up Plans
The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned…
OPEC+ To Increase Oil Production in May: Report
OPEC+ is expected to agree on a plan that would see production for the group increase in May,…