OPEC+’s ability to influence oil markets dwindling
Crude markets skeptical of latest production cuts
Crude markets skeptical of latest production cuts
The rally in oil prices shows no sign of slowing down
Predicting the oil market trajectory is like walking a tightrope in a windstorm
Crude oil markets torn between rising Iranian output and OPEC+ production cuts
But cut overshadowed by worsening global consumption outlook, geopolitics
Growing global demand and supply cuts point to a potential reversal in oil markets
World oil demand is significantly weaker than widely perceived
International Energy Agency (IEA) is warning of higher oil prices in the second half of the year, but …
Riyadh is no longer willing to toe Washington’s line and its interests now reign supreme
Energy security is now the phrase on everyone’s lips and yesterday’s villains are today’s saviours
Set to average a record 101.9 million barrels per day, up by two million bpd from 2022
India is shipping 89,000 barrels of gasoline and diesel to the U.S. daily
Could easily employ sanctions-avoiding mechanisms perfected by Iran