OPEC+ Focuses on Compliance as Output Hike Postponed Amid Market Uncertainty
The OPEC+ alliance is tightening its focus on ensuring compliance with oil production cuts as it advances with a strategy involving both formal and voluntary output...
Etiket: OPEC
OPEC Bullish on Long-Term Oil Demand Growth, But Many Analysts Disagree
While global consumers benefit from falling oil prices — with Brent crude dipping below $70 per barrel in early September — OPEC+ faces serious challenges. The...
U.S. Crude Oil Prices Drop Nearly 2% as Market Discounts Libya Supply Risks
U.S. crude oil prices fell nearly 2% on Wednesday, trading around $74 per barrel, as the market dismisses the impact of potential supply disruptions from Libya....