US crude stockpile surge and OPEC+ supply hike push Brent down 3%
Oil prices slipped as Brent crude dropped 3%, pressured by a sharp rise in US crude stockpiles and the OPEC+ decision to increase production....
Tag : energy market
OPEC predicts 2.25 million bpd surge in global oil demand
OPEC projects 2.25M bpd surge in global oil demand for 2024-2025. Robust outlook amid geopolitical tensions....
Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut
In a pivotal move, OPEC+ members, responsible for over 40% of global oil supply, have agreed to substantial voluntary production cuts for early next year....