News

The Institute for Energy Research22h
OPEC+ to Increase Oil Production—Again
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
ING Think1h
OPEC+ policy shift clashes with demand uncertainty
Another large supply hike from OPEC+ confirms the group's policy change. However, the issue is that this policy shift is occurring at a time when there is already plenty of demand uncertainty.
Rigzone1h
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 ...
OPEC+ Goes With Another Big Supply Hike
OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy.
Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
Berkshire Hathaway fell 5.5% for one of the market’s bigger losses. Legendary investor Warren Buffett announced over the ...
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 ...
Oil Tumbles After OPEC+ Agrees on Another Large Supply Hike
Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...
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 ...