OPEC & Global Markets

The Opec+ production agreement was dealt a devastating blow in March 2020 when Opec producers were unable to sign Russia up to deeper cuts. The process has shown that while Opec is unable to bring about substantial price gains, its strength lies in the ability of its core members to flood the market and undercut prices.

OPEC & Global Markets

18 Jul, 2025

Featured

Chinese Stocks Boost Market

Physical oil markets are far tighter than implied by the IEA’s balances due to China filling up its strategic stocks. Chinese buying shows no sign of slowing.
Opec View On Global Oil Demand Remains More Bullish Than Other Forecasters (mn b/d)
OPEC & Global Markets

25 Jul, 2025

Top Story

Tariff Deadline Looms Over Global Crude Markets

An August deadline for the return of US tariffs and tighter EU sanctions on Russia could disrupt global trade and dampen demand as Opec+ looks to unwind cuts.
China's Top Crude Suppliers ('000 b/d): Russia Retains Lead As 'Malaysia' Beats Saudi Arabia To Number Two Spot
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Read more

SELECTED DATA

Global LNG Exports - Top Three Suppliers (mn tons): US Strengthens Lead For 2024, Australia Also Ships Record Volumes As Overall Trade Edges Higher

The UAE’s Monthly Quota Is Set To Break Above 3.05mn b/d From September This Year

Key 2025-26 Global Oil Demand Forecasts: Opec Remains Far More Bullish Than Others (mn b/d)

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