Tag: OPEC production cuts

Oil Market Update: OPEC+ Considers Output Delay, Crude Prices StabilizeIn recent developments in the oil market, major producers, including members of the OPEC+ alliance, have been contemplating the possibility of postponing a planned output...

Crude oil prices have experienced a relatively calm week, with both front WTI and Brent trading within a tight range. The market has once again witnessed the phenomenon of 'buy the rumor, sell the...