Tag
Opec+ agreed to raise output targets by 188,000 bpd from August, continuing a phased rollback of its 2023 supply cuts. Brent crude, already near $72 per barrel, faces further pressure as Strait of Hormuz traffic recovers and Chinese demand stays weak.
The IEA warns the Iran conflict will keep natural gas markets tight for about two years, with damage to Qatari LNG facilities reducing global supply. Qatar is among the world's biggest LNG exporters, making the disruption significant for European and Asian buyers. Prices could stay elevated until supply capacity is
Tag
Opec+ agreed to raise output targets by 188,000 bpd from August, continuing a phased rollback of its 2023 supply cuts. Brent crude, already near $72 per barrel, faces further pressure as Strait of Hormuz traffic recovers and Chinese demand stays weak.
1mo ago · 4 min · Global Affairs
The IEA warns the Iran conflict will keep natural gas markets tight for about two years, with damage to Qatari LNG facilities reducing global supply. Qatar is among the world's biggest LNG exporters, making the disruption significant for European and Asian buyers. Prices could stay elevated until supply capacity is
4mo ago · 1 min · Global Affairs
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