OPEC+ delegates anticipate that the group’s upcoming monitoring session next month will be a standard affair,…
Tag: OPEC+
China’s Slower Growth: Oil Prices Decline
Oil prices took a hit on Tuesday, weighed down by bleak economic data from China, while…
Kuwait Unveils Significant Offshore Oil and Gas Find
Kuwait, a prominent Middle Eastern oil producer, announced on Sunday a “substantial” discovery of oil and…
Citi’s Bearish Oil Price Forecast for 2025
Citibank stands out as one of the most pessimistic among major financial institutions regarding oil prices,…
Oil Prices Waver Amidst Slowing Chinese Factories and Hopes of US Rate Cuts
Oil prices fluctuated on Monday, caught between the crossfire of slowing industrial production in China, a…
The World Will Have a “Major Surplus” of Oil by 2030
Will the world produce more oil than it needs? The International Energy Agency (IEA) anticipates a…
UAE Boosts Oil Production Quota in OPEC+ Deal
In a significant development at the June 2nd OPEC+ ministerial meeting, the United Arab Emirates (UAE),…