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Category opec

Kazakhstan Breaks OPEC Unity—Commerzbank Warns of De-Dollarization!

Kazakhstan Breaks OPEC Unity—Commerzbank Warns of De-Dollarization!

The recent operations of Kazakhstan work to accelerate global de-dollarization initiatives by creating complications for OPEC’s unified market…
OPEC+ Holds Firm: What Tight Oil Prices Mean for Global Markets

OPEC+ Holds Firm: What Tight Oil Prices Mean for Global Markets

Oil prices are staying steady as global oil markets watch closely. Brent crude sits at $72 per barrel…
U.S. inflation might be down – but it is far from out

U.S. inflation might be down – but it is far from out

Inflation in the U.S. may seem to be cooling but don’t start celebrating yet. Sure, annual price increases have dropped closer to the Federal Reser...
Saudi Arabia’s imminent crude oil supply hike could mean tough times for the Russian economy

Saudi Arabia’s imminent crude oil supply hike could mean tough times for the Russian economy

The Saudi Arabian government is reportedly on the verge of flooding the global market with oil supply if the Organization of Petroleum Exporting Co...
Crude Oil on the Rise: JPMorgan Predicts a Surge to $150 per Barrel Amidst Global ‘Energy Supercycle’

Crude Oil on the Rise: JPMorgan Predicts a Surge to $150 per Barrel Amidst Global ‘Energy Supercycle’

Christyan Malek, the lead for EMEA energy equity research at JPMorgan, predicts that by 2026, crude oil prices could soar to $150 a barrel. Malek b...