OPEC
Market dynamics point to USD70-75 oil prices into 2025
OPEC+ has postponed its planned output increases amid internal and external tensions and softening demand
InternationalUncertainty over ‘peak oil’ to complicate policymaking
OPEC has raised its estimate of long-run oil demand, citing pushback against climate targets and slower electrification
InternationalPutin will claim Russia is not isolated
Vladimir Putin will visit the UAE and Saudi Arabia today before meeting the Iranian president in Moscow tomorrow
RussiaBrazil's Lula backs away from OPEC+ amid pressures
The president has said Brazil will not become a full member of OPEC+ amid criticisms of the environmental impact of oil
BrazilRussia will cut oil production further
Russia has agreed to cut oil exports by 500,000 bpd
RussiaMoscow will benefit from higher oil prices
The price of Russian Urals crude oil surpassed the G7 price cap level, prompting a rise in exports
RussiaOPEC will assert its key role in oil market dynamics
OPEC+ agreed a surprise small cut to its October output and has signalled it will be very flexible ahead
OPEC