Oil Market

Oil prices jumped again
Oil jumps, stocks wobble as Mideast ceasefire hangs in the balance
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Indian flag
India set to get first Iranian oil cargo in 7 years
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Gas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, south of Tehran
US waives sanctions on purchase of Iran’s oil at sea for 30 days
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Saudi Arabia has lowered its oil output by 2 million to 2.5 million bpd
Middle East countries cut daily oil output amid Iran war
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Citi analysts expect Brent to trade between $80 and $90 a barrel this week
Oil prices surge 9% after Iran strikes disrupt shipping in Strait of Hormuz
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Growing signs suggest the physical oil market is loosening
Geopolitical turmoil gives OPEC+ cover to stick to balanced-market narrative
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Saudi energy minister Prince Abdulaziz bin Salman
Prince Abdulaziz says new OPEC+ output mechanism will help stabilise markets
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The mechanism will be used for setting output baselines from 2027
OPEC+ agrees to keep oil output unchanged
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Oil refinery
IEA sees global oil supply growth driving larger market glut
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IEA trims forecast for oil demand growth this year to 680,000 bpd
IEA raises 2025 oil supply forecast
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Oil prices slid about 1% to an eight-week low on Wednesday
Kuwait oil minister says OPEC closely monitoring market
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OPEC logo
OPEC+ set to hike oil production further on Sunday
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Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al Saud
Saudi Arabia fully compliant with voluntary OPEC+ target
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IEA raises 2025 supply forecast after OPEC+ hike
IEA sees 2025 oil demand growth slowing to 700,000 bpd
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Goldman analysts expect a final 550,000 bpd OPEC+ output hike for September
Oil prices tumble after OPEC+ hikes August output more than expected
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Global oil prices spiked 7% amid Middle East tensions
US says monitoring Israel-Iran attacks' impact on global energy supply
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