Seven OPEC+ Nations Agree to Modest 188,000 bpd Output Increase for July
A group of seven OPEC+ nations has agreed to raise oil production by 188,000 barrels…
OPEC
Brent Crude Rises Above $105 as Iran Nuclear Tensions and Strait of Hormuz Concerns Offset Diplomatic Optimism
Brent crude futures climbed above $105 per barrel on Friday as renewed tensions surrounding Iran’s…
UAE Withdraws From OPEC and OPEC+ Effective May 1, Reshaping Oil Alliance Amid Gulf Tensions
The United Arab Emirates will withdraw from the Organization of the Petroleum Exporting Countries and…
Brent Crude Holds Near $73 as Expanding Gulf Conflict Triggers Supply Fears and Global Market Turbulence
Global energy markets are once again confronting the harsh reality that geopolitics and oil remain…
Brent Crude Holds Near $73 as Middle East Escalation Injects Fresh Volatility into Global Energy Markets
Global oil markets are once again navigating a familiar but dangerous intersection of geopolitics and…
Oil Enters 2026 on the Back Foot as Oversupply Clouds the Market
Oil markets began the new year under pressure, extending a downtrend that defined much of…
Brent Crude Slips Below $61 as Global Supply Fears Mount Ahead of U.S
Brent crude oil dropped below $61 a barrel on Friday, extending its slide into a…