OPEC+ Agrees Real Deepening of Output Cuts, Supporting Oil Prices
After a gruelling six hours of ministerial meetings late into the night last Thursday in Vienna and a cancelled press conference, Saudi Arabia’s...
326 Views
Weekly Oil Views: A Deal in Its "Final Throes" Set to Throw OPEC+ Ahead of Key Decision
Benchmark light sweet crude futures slumped by 2-5% on Black Friday, spooked by the Russian energy minister's remarks that perhaps OPEC+ should...
328 Views
Weekly Oil Views: Crude Climbs to 2-Month Highs but Optimism over Trade Deal Is Fragile
The US and China have taken to rhetoric and posturing, possibly as a bargaining tactic, in their efforts to forge a high-stakes “phase one” trade...
321 Views
Weekly Oil Views: Crude Prices in Trade Deal Optimism but Further Upside Limited
Crude futures have been steadily and cautiously inching higher in recent weeks, pricing in optimism over the US and China signing a limited trade...
299 Views
Weekly Oil Views: US, China Tussle with Tariffs Removal, Key for Oil Market
We finally heard this week about an understanding between the US and China involving a phased rollback of their import tariffs if they proceed with...
293 Views