News

OPEC+ Policy Shift Clashes With Demand Uncertainty
Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy. Click to read.
Oil gains as traders weigh potential trade-deal progress, but U.S. prices hold below $60 on rise in OPEC+ output
Oil futures headed higher on Thursday, supported by potential progress on international trade agreements. U.S. Treasury Secretary Scott Bessent plans to meet with China’s top economic official in ...
Kazakhstan Weighs Options to Fulfill Its OPEC+ Cut Obligations
Kazakhstan is considering its options for complying with the country’s OPEC+ obligations to cut production, after Saudi ...
OPEC+ Goes With Another Big Supply Hike
OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy.
Exclusive-OPEC+ to further speed up oil output hikes, five sources say
By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ plans to further accelerate oil output hikes and could ...
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Standard Chartered Says OPEC+ Policy 'Explained by 2 Main Factors'
It is very easy to fall for the temptation of layering various types of conspiracy theories together as explanations of ...
U.S. corn futures pressured as OPEC+ unveils plans to boost production
Corn led U.S. grains lower Monday on the Chicago Board of Trade after OPEC+ announced plans to raise oil production by 411K ...
OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...