In this article we explore how corporate cartels manipulate markets through price-fixing and collusion, the impact on ...

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

Context matters. These events are even more unsettling given the recent U.S. vote with Russia in the United Nations and the pause in aid to Ukraine. While it was subsequently restarted following ...

Compensations until July 2026 will total 4.203 mln barrels per day. Plans were presented by seven out of eight OPEC+ countries that followed voluntary adjustments, specifically Iraq, Kuwait, Saudi ...

Crude oil prices have remained on a downtrend as external uncertainties shape the demand/supply dynamics. Trump’s trade ...

0904 ET - Volatility surrounding trade wars, the health of the U.S. consumer, and geopolitical strife is pushing gold prices further past the $3,000/oz mark, with some analysts calling for gold prices ...

West Texas Intermediate (WTI), futures on NYMEX, posts a fresh weekly high near $68.00 in European trading hours on Monday. The Oil price strengthens on hopes that China’s fresh monetary stimulus plan ...

Saudi Aramco announced that it expects to declare total dividends of $85.4 billion in 2025, down from $124.2 billion in 2024.

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Oil Market Report’ is a monthly publication of the OPEC Secretariat focusing on short-term developments in the global oil ...

Crude oil prices are rallying amid a broader uptick in market sentiment, and OPEC+ is holding steady on its demand forecast, ...