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Category opec

The oil market's supply and demand balance is off - IEA report

The oil market's supply and demand balance is off - IEA report

The International Energy Agency says that in 2025, the world will produce more oil than it needs, even as the Israel-Iran conflict raises the risk ...
OPEC increases output to stabilize market

OPEC increases output to stabilize market

The global oil market is back in chaos after Israel launched military strikes against Iran on Friday. The move pushed crude oil prices up 8% to $74...
Kazakhstan Breaks OPEC Unity—Commerzbank Warns of De-Dollarization!

Kazakhstan Breaks OPEC Unity—Commerzbank Warns of De-Dollarization!

The recent operations of Kazakhstan work to accelerate global de-dollarization initiatives by creating complications for OPEC’s unified market…
OPEC+ Holds Firm: What Tight Oil Prices Mean for Global Markets

OPEC+ Holds Firm: What Tight Oil Prices Mean for Global Markets

Oil prices are staying steady as global oil markets watch closely. Brent crude sits at $72 per barrel…
U.S. inflation might be down – but it is far from out

U.S. inflation might be down – but it is far from out

Inflation in the U.S. may seem to be cooling but don’t start celebrating yet. Sure, annual price increases have dropped closer to the Federal Reser...