OPEC+ may consider a larger-than-planned output increase of 411,000 barrels per day at a meeting on Sunday, two sources close to the talks said, after Saudi Arabia and the UAE raised exports in ...
LONDON/MOSCOW, Feb 28 (Reuters) - OPEC+ may consider a larger-than-planned output increase of 411,000 barrels per day at a ...
US-Iran conflict is the dominant issue, pricing in $10/bbl risk premium. Strait of Hormuz blockade could send Brent crude ...
Leon also cautioned that if the oil market does not see signs of de-escalation over the weekend, “risk premiums on oil prices could still drive Brent up by $10–$20 per barrel on Monday”. “A broader ...
OPEC's unexpected production decisions challenge global oil supply assumptions, impacting major players like Chevron.
WTI crude surges as war risk premium returns, with traders eyeing Iran tensions, rising OPEC production plans, and key technical levels reclaimed by buyers.
Oil demand is projected to rise by 1.34 million barrels a day next year supported by easing inflation, fiscal measures and ...
OPEC+ meets on Sunday to set its next production move amid heightened geopolitical friction affecting nearly a third of its ...
OPEC+ is leaning toward resuming oil production increases from April after pausing output hikes in the first quarter amid geopolitical support and diverging demand forecasts.
OPEC+ is leaning towards resuming its monthly oil production increases from April, Reuters reported, after having paused increases for Q1.
OPEC 12 output decreased by 135 kb/d with the largest increases from Iraq (38 kb/d), UAE (14 kb/d), and Saudi Arabia (13 kb/d). Read more here.