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Opec+ set for only slight output target increase despite Ukraine

March 28, 2022

Opec+ meets to set policy on Thursday; US, other consumers have pushed for more oil; Output hike rises to 432,000bpd under May baseline tweak

United States Saudi Arabia Ar Riya International Energy Agency International Energy Pec

Source: khaleejtimes.com

Weekly update Test

March 27, 2022

With a lack of focus early in the week, markets will be watching the headlines for progress in the Russian/Ukraine negotiations.

New Zealand United Kingdom United States Joe Biden Federal Reserve Ukraine However

Source: cityindex.co.uk

No One Really Knows What's Next For Russian Oil

March 24, 2022

Analysts from OPEC+, the IEA, and EIA can’t seem to agree on what’s next for Russian oil output or global oil supply

United States France General Saudi Arabia North Dakota Alex Kimani International Energy Agency

Source: oilprice.com

Oil jumps in volatile trade amid CPC pipeline disruption

March 23, 2022

CPC pipeline accounts for 1% of world supply; US stocks fall, production flat for 7th week in a row

United States Bruxelles Capitale Krasnodarskiy Kray Matt Smith Trafigura Ben Luckock Joe Biden

Source: khaleejtimes.com

Oil extends rally as EU members weigh Russian ban

March 22, 2022

Oil prices extended gains on Tuesday as some European Union members discussed a potential oil embargo on Russia and attacks on Saudi facilities sent jitters through the market. Front-month West Texas Intermediate futures were up $2.20, or 1.96 per cent, to $114.32 a barrel on NYMEX and Brent futures were up $3.18, or 2.75 per cent, to $118.80 a barrel on the Intercontinental

Saudi Arabia United States Edward Moya Saudi Aramco European Union Intercontinental Exchange

Source: deccanherald.com