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OPEC+ vs Trump: Why Oil Prices Aren't Dropping and What Threats Against Russia Have to Do With It
We discuss why oil prices remain high despite the OPEC+ standoff and Trump's influence, as well as the role of threats directed at Russia.
Eight OPEC+ countries have announced a new increase in oil production for September, effectively ending their plan to adhere to ...
Oil Market Outlook: Projections and Insights from the IEA Report for Investors
The International Energy Agency (IEA) has released its latest report on the global oil market, highlighting key insights for investors. The report discusses projected demand growth, supply forecasts, and the role of OPEC+ in stabilizing prices. Additionally, the IEA forecasts a potential oil surplus in 2025, signaling possible price ...
An expert assessed the prospects of Russian oil supplies to India.
Expert Tereshkin: India Will Remain the Largest Maritime Importer of Russian Oil (Izvestia).
Deliveries of Russian oil to India: the expert assessed the current situation and future prospects. Why has India become the largest buyer of Russian oil, and what challenges lie ahead for exporters? Read more in our article!
India will ...
An expert predicted a rise in oil prices due to a reduction in production in Libya.
Expert Tereshkin: Oil Production Cut in Libya Will Boost Prices Temporarily (Izvestia).
On August 29, 2024, Sergey Tereshkin, the CEO of Open Oil Market, stated in an interview with Izvestia that the suspension of production at Libya’s largest oil field, Sharara, ...
Desert Without a Storm: Why Oil Prices Aren't Breaking Records
Despite geopolitical tensions and restrictions, oil prices remain relatively stable. Experts explain why the market isn't hitting records and what influences fuel costs.
On Friday, June 13, following an extensive bombardment by Israel of Iranian territory, oil prices predictably surged by 13% but ...