OPEC+ Caves to Trump Pressure—But Throws Just a Bone ...Middle East

OPEC+ cited a “healthier oil market outlook” when it announced this week that it would go ahead with the planned slight increase in production in April. The alliance is indeed the most bullish among forecasters and agencies, expecting global oil demand growth of 1.4 million barrels per day (bpd) for both 2025 and 2026. Yet, a “healthier” oil market outlook is unlikely the primary reason for the group’s decision to finally begin easing the 2.2 million bpd production cuts—easing that has already been delayed several…

Read More Details
Finally We wish PressBee provided you with enough information of ( OPEC+ Caves to Trump Pressure—But Throws Just a Bone )

Also on site :

• Scalefusion Partners with Prianto to Expand Enterprise Mobility Reach Across EMEA
• Mashat hold talks with IMF to secure US$ 1.3 billion financing from RSF
• Namibia: Former President Pohamba Calls for End to Angolan Child Labour in Namibia