The Commodities Feed: Inventory Pressure By Warren Patterson - Feb 15, 2023 Energy - Higher Demand for OPEC Oil Oil prices settled lower yesterday as the market digested the US SPR release ...

The Commodities Feed: Inventory Pressure By Warren Patterson - Feb 16, 2023 Energy - Higher Demand for OPEC Oil Oil prices settled lower yesterday as the market digested the US SPR release ...

Unlike oil, however, the potash market has a far more favorable industry structure: two-thirds of worldwide potash production comes from just three countries and six companies, while OPEC has a ...

Add articles to your saved list and come back to them any time. A decision by OPEC+ to increase production and Donald Trump’s latest tariffs blitz have combined to sink oil prices to three-year ...

A statement posted on OPEC's website on Monday revealed that Saudi Arabia, Russia, the United Arab Emirates, Iraq, Kuwait, Kazakhstan, Oman and Algeria will start unwinding a 2.2 million barrel ...

In a statement on Monday Opec said that, as a result of healthy market fundamentals and a positive market outlook, Opec+ — the group which consists of Opec members as well as 10 other oil ...

Light crude oil futures are trading lower but remain within yesterday’s range, indicating market indecision and the potential for increased volatility. With the short-term trend tilted to the ...

Oil prices tumbled after OPEC+ agreed to increase crude production for the first time since October 2022. The oil producers’ group, which is led by Saudi Arabia and Russia, said on Monday it had ...

OPEC always publicly claims that it doesn’t mingle politics with market decisions. But in the current geopolitical situation, and an as unpredictable U.S. President as it gets, the OPEC+ ...

"The change in OPEC strategy looks like they are prioritising politics over price. Those politics are likely connected with the wheeling and dealing of Donald Trump," Schieldrop said, referring to ...

Since last year, OPEC Plus has signaled its intention to pump more oil, but doing so now in the midst of turbulence from a trade war between the United States and various partners surprised some ...

HOUSTON, March 5 (Reuters) - Oil prices settled down for the fourth consecutive session on Wednesday after U.S. crude oil stockpiles posted a larger-than-expected build, adding a further headwind ...