OPEC Revises Forecast for Oil Demand OPEC, the Organization of the Petroleum Exporting Countries, has once again adjusted its forecast for oil demand, marking the fifth consecutive month of downward
Welcome to the World of WTI Oil Trading As the top investment manager in the world, I am here to guide you through the latest developments in the West Texas
Brent Oil Price Update: What Investors Need to Know As the week kicks off, the Brent oil price is feeling the heat, dropping nearly 3% to $73 per barrel. Analysts
Iraq Oil Production Falls in October, Meeting OPEC+ Agreement Requirements Recent data from a Reuters survey indicates that oil production in Iraq has dropped to just under 4 million barrels
Diverging Forecasts: OPEC vs. IEA on Oil Demand Both OPEC and the IEA have recently revised their oil demand forecasts, painting contrasting pictures of the market's future trajectory. Let's delve
Saudi Arabia to Increase Oil Production, Abandoning $100 Price Target According to sources familiar with the matter, Saudi Arabia is planning to abandon its unofficial price target of $100 per
OPEC's Long-Term Outlook for the Oil Market This week, OPEC released its comprehensive long-term outlook for the oil market, projecting trends and demand expectations up to the year 2050. This
As the world's top investment manager, I have been closely monitoring the recent economic data from key oil demand regions – the US, China, and Europe. The disappointing numbers have
The recent decision by the OPEC+ group to postpone planned supply increases has not been enough to stop the downward trend in supply risk premia, according to TDS Senior Commodity
West Texas Intermediate (WTI) US crude Oil prices are showing a slight uptick, hovering just above the $69.00/barrel mark in early European trading on Thursday. However, the lack of strong