OPEC+ decisions are not above political influence. This was on display most prominently in 2022, when Saudi Arabia led OPEC+ ...
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The latest data from the International Coffee Organization (ICO) shows that global coffee exports rose to 13m bags in March, ...
Energy ministers of the OPEC+ alliance are set to meet early June to review production allocations, while OPEC and its allies ...
The recent selloff in UBS Group AG shares underscores the Swiss bank’s challenge to demonstrate its Credit Suisse Group AG ...
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how is it possible that oil inventories are still at average levels? There are two reasons. First, a boom in U.S. production ...
Iraq and Kazakhstan have shown hesitancy to fulfill their commitment to cut output, which they made to other members of the Organization of the Petroleum Exporting Countries (OPEC), including Russia.
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Oil prices posted their steepest weekly loss in three months, as the market, already concerned about weakening demand, coped ...
Prolonged OPEC supply cuts and international sanctions ... but the G7 embargo over its invasion of Ukraine has cut off access to refinery feedstocks such as vacuum gasoil and straight-run fuel oil. In ...
There were high expectations on Friday that OPEC and its allies, known as OPEC+, would continue to cut production, leading to a rise in oil prices as investors expected that OPEC and its allies would ...