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Home OPEC

OPEC

WTI crude oil price display at a storage facility during sunset, reflecting market tension from Middle East conflict.
Forex News

2026-06-08

West Texas Intermediate (WTI) crude oil futures climbed on Wednesday, as escalating military tensions between Israel and Iran, coupled with renewed Houthi attacks.

  • by Jayshree
  • 2026-06-08
  • 0 Comments
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Oil refinery at dusk with storage tanks and distillation towers
Forex News

2026-06-08

BNY has issued a market analysis highlighting the delicate balance between persistent oil supply risks and a cautious production increase from OPEC+. The.

  • by Jayshree
  • 2026-06-08
  • 0 Comments
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Aerial view of an oil refinery at dusk with illuminated towers and storage tanks
Forex News

2026-06-08

The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, have agreed to raise oil production quotas by 432,000.

  • by Jayshree
  • 2026-06-08
  • 0 Comments
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Crude oil storage tanks at an industrial refinery at sunset representing oil market volatility and price forecasts.
Crypto News

2026-05-25

Prediction market platform Polymarket is signaling a sharp downturn in oil prices. Traders currently assign a 72.5% probability that West Texas Intermediate (WTI).

  • by Dhaval
  • 2026-05-25
  • 0 Comments
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Oil refinery at dusk, symbolizing market uncertainty and OPEC+ fragmentation risks.
Forex News

2026-05-19

A new analysis from Rabobank has raised fresh concerns about the stability of the OPEC+ alliance, warning that the potential exit of the.

  • by Jayshree
  • 2026-05-19
  • 0 Comments
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Split oil pipeline at dawn symbolizing fragmented global energy markets and potential oil price divergence
Forex News

2026-05-19

A fractured global energy landscape is setting the stage for a new era of oil price divergence, according to a recent analysis by.

  • by Jayshree
  • 2026-05-19
  • 0 Comments
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Aerial view of an oil refinery at sunset, symbolizing the global oil supply decline forecast by the IEA.
Forex News

2026-05-13

The International Energy Agency (IEA) has released a new forecast projecting a significant contraction in global oil supply, estimating a decline of 3.9.

  • by Jayshree
  • 2026-05-13
  • 0 Comments
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Oil pumpjacks and drilling rigs in the Permian Basin at sunset, representing record US crude production.
Forex News

2026-05-12

The United States has achieved an unprecedented milestone in domestic energy production, with crude oil output surging to levels never before recorded. This.

  • by Jayshree
  • 2026-05-12
  • 0 Comments
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WTI crude oil tanker navigating Strait of Hormuz at dawn, representing geopolitical risk driving oil price recovery above $98
Forex News

2026-05-04

West Texas Intermediate (WTI) crude oil price recovers above the mid-$98.00s per barrel on Monday, March 10, 2025, after opening with a gap.

  • by Jayshree
  • 2026-05-04
  • 0 Comments
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Brent crude supply outlook: UAE oil refinery at sunset representing market shift after OPEC exit
Forex News

2026-04-29

The Brent crude supply outlook has undergone a significant transformation following the United Arab Emirates’ decision to exit the OPEC+ alliance. This move,.

  • by Jayshree
  • 2026-04-29
  • 0 Comments
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