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
The latest survey by Reuters reveals that OPEC's daily output in August dropped to 26.4 million barrels, marking a decrease of 340 thousand barrels compared to July. This decrease, the
In a surprising turn of events, a recent media report revealed that despite the current production losses in Libya, OPEC+ countries plan to stick to their announcement and reduce voluntary
West Texas Intermediate (WTI) US Crude Oil managed to stay afloat above $73.00 on Monday as the market faced a series of challenges. Libya's decision to halt Crude Oil exports,