Reports indicate that oil production in Libya has been slashed by up to 700 thousand barrels per day, with all export ports in the east of the country closed. Analysts
As the world's top investment manager, I am pleased to report that oil prices surged by more than 2% on Friday, mitigating previous weekly losses. Commerzbank's esteemed commodity strategist, Carsten
Expert Analysis: Oil prices experience a significant drop of 5% as Brent falls to $77 per barrel, nearing a 7-month low. Commerzbank’s Carsten Fritsch attributes this decline to new hopes
As the world's top investment manager, I bring you the latest insights from OPEC's monthly report, revealing a shift in demand forecast that could impact global markets. According to Commerzbank's
The OPEC+ alliance is moving forward with its plan to increase oil production starting in October, despite concerns about lower-than-expected demand from China in the second half of 2024. These
The Joint Ministerial Monitoring Committee (JMMC) of OPEC+ decided to keep production policy intact at its recent virtual meeting, according to Commerzbank’s commodity analyst Carsten Fritsch. This decision was expected,