Oil down over 3pc during the week despite Israel-Iran tensions
The IMF expects OPEC+ to begin increasing output from July
Source: dunyanews.tv
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OPEC+ Is Still Struggling With Production Cut Compliance
OPEC+ continues to struggle with production cut compliance and has asked for detailed plans on compensation plans.
Source: oilprice.com
Oil Futures Settle Higher Amid Ongoing Supply Concerns
Oil futures settled higher on Friday, extending recent gains, on supply worries due to geopolitical tensions, and hopes about the outlook for energy demand thanks to upbeat economic data.
Source: rttnews.com
OPEC+ ministers keep output policy steady as oil rallies, Auto News, ET Auto
A ministerial committee (JMMC) of the Organization of the Petroleum Exporting Countries and allies led by Russia, known as OPEC+, met online to review the market and members' implementation of output cuts.
Source: indiatimes.com
Oil Closes the Month on a Strong Note
The oil markets are increasingly putting their trust into OPEC+ production cuts to remain in place throughout this year, a feat which combined with an improving macroeconomic outlook could bring $90 per barrel sooner than assumed
Source: oilprice.com