Market Alerts
OPEC+ has reached a deal that addresses concerns over production levels and reaffirms the group's cohesion.
OPEC+ has reached a deal that addresses concerns over production levels and reaffirms the group's cohesion. Speculation about the future of OPEC+ and alleged tensions between Saudi Arabia and Russia have been put to rest with this agreement.
The UAE remains in the fold taking a new upward revision to its baseline production. Meanwhile, compliance numbers for African producers and the group as a whole will adjust after baseline production levels are adjusted to reflect falling capacity.