Tag Archives: oil markets

OPEC+ keeps steady policy amid weakening economy, Russian oil cap

weakening economy

OPEC+ agreed to stick to its oil output targets at a meeting on Sunday as the oil markets struggle to assess the impact of a slowing Chinese economy on demand and a G7 price cap on Russian oil on supply.

3 reasons why oil prices won’t rally anytime soon

It’s a worrying time for oil markets as bullish news fails to drive oil prices higher and a wave of negative developments look set to hit the industry in the coming weeks. It’s been disheartening for the bulls that oil prices have failed to break out over the past few weeks despite a flurry of […]