OPEC+ Concerned About Rising U.S. Oil Output Under Trump’s Leadership
OPEC+ is expressing concerns about a potential surge in U.S. oil production if Donald Trump returns to the White House, delegates from the group said. Increased...
Etiket: OPEC
Oil Prices Surge Amid Sverdrup Outage and Escalating Ukraine War
Oil Market Dynamics Oil prices rose significantly on Monday, driven by the halt in output at Norway’s Johan Sverdrup oilfield and increased geopolitical tensions following escalations...
Oil Prices Could Plunge to $40 in 2025 if OPEC Unwinds Production Cuts, Analysts Predict
Oil prices could drop significantly, possibly reaching as low as $40 per barrel in 2025, if OPEC+ reverses its current output cuts, according to market analysts...