by Natalija Riabko | Apr 3, 2025 | Forecast, News, News of the day, Oil
In a notable policy shift, OPEC+ has opted to raise oil output by 411 thousand barrels per day (kb/d) in May, significantly exceeding the previously anticipated 135 kb/d adjustment. This decision effectively fast-tracks the implementation of July’s production quotas,...
by Natalija Riabko | Mar 27, 2025 | News, News of the day, Oil
Brent crude futures reached their projected growth target yesterday, supported by the latest EIA data showing a significant weekly decline in US oil stockpiles. These figures aligned with earlier statistics released by API. The reduction in inventories follows the...
