OPEC Sets The Stage For New Output Cuts
OPEC's small 100,000 bpd production hike for September may not just be the smallest, but also the shortest on record
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OPEC's small 100,000 bpd production hike for September may not just be the smallest, but also the shortest on record
OPEC+ agreed on Wednesday morning to boost its production target by 100,000 bpd for the month of September
The United States believes that OPEC’s Middle Eastern producers have room to boost production and will take “a few more steps” to boost supply to the oil market soon, according to Biden advisor Amos Hochstein
OPEC didn't manage to actually lift oil production in June as the cartel continues to undershoot its production goals
The OPEC+ meeting ended in a relatively quick fashion on Thursday, agreeing to boost production by 648,000 bpd in August, according to Energy Intel’s Chief OPEC Correspondent, Amena Bakr