Though forecasting Trump’s behaviour is a mug’s game — he seems to equate ... risk (the energy sell-off likely has more to do with Opec production increases than tariffs).
The increase in Iran and Venezuela’s crude output has been slowing lately, so I expect OPEC other 8 output to eventually slow to an annual rate of 200 kb/d or less by 2028. OPEC expects a bigger ...
The purpose of OPEC is to “coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular ...
By Rebecca F. Elliott Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning ...
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 ...
Output target as announced by the countries making voluntary cuts, or as announced by OPEC. Excludes Iraq compensation plan for earlier overproduction. Iran, Libya and Venezuela are exempt from OPEC ...
If you buy something, we may earn an affiliate commission. I have a confession: I can’t stop, won’t stop hoarding coffee mugs. I’ve reached a point where the designated shelf in my cupboard ...
Both the International Energy Agency (IEA) and the Organisation of the Petroleum Exporting Countries (Opec) talk about demand when they make forecasts as to the state of the oil sector in China ...
(Bloomberg) -- OPEC’s crude production rose to the highest level in more than a year ahead of the group’s planned supply revival, driven by gains in Iraq, Venezuela and the United Arab Emirates.
Eight OPEC+ members that are making the group's most recent layer of output cuts held a virtual meeting on Monday and agreed to proceed with the April increase, OPEC said. The increase is 138,000 ...
The plan will represent monthly cuts of between 189,000 barrels per day and 435,000 bpd, according to a table, opens new tab on OPEC's web site. The scheduled cuts last until June 2026.
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