With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...
The Devil Is Always In The ISM Details And Can OPEC Deliver More Barrels? By Stephen Innes - Jun 02, 2022 Markets US equities were weaker Wednesday, with the S&P down 0.7%. US10yr yields up 6bps ...
OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...
The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...
Crude oil closed at the lowest settlement price this year, fueled by near-term supply concerns and expectations that OPEC+ will postpone returning barrels to the market in April as planned.
After the pandemic, Big 4 average output peaked in 2022 at a centered 12 month average of 20849 kb/d, crude output has been cut by 2599 kb/d relative to the 2022 CTMA peak to 18290 kb/d in ...
OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed ...
A weak dollar and geopolitical problems are fueling the speculative bubble in oil markets which should be trading at around half the current price of a barrel said on Monday, OPEC President Chakib ...
Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...
(Bloomberg) -- Oil fell after President Donald Trump said he’ll push Saudi Arabia and OPEC to reduce the price ... slid 1.1% to settle below $75 a barrel, while global benchmark Brent slipped ...
But the oil market is front-running their worry ... The Devil Is Always In The ISM Details And Can OPEC Deliver More Barrels? By Stephen Innes - Jun 02, 2022 Markets US equities were weaker ...
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