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

4 Apr, 2025

Featured

Opec+ Accelerates Cuts

Despite growing concerns over the global economic impact of President Trump’s tariffs, Opec+ is accelerating planned output rises, though ‘compensation cuts’ will lessen the impact.
Opec Non-Crude Liquids Output Has Been Rising According To Each Of The Three Big Agencies (mn b/d)
OPEC & Global Markets

11 Apr, 2025

Top Story

Opec Output Set For Gains After March Decline

Opec output dropped back in March amid improved compliance. The tapering of cuts has now begun, while markets stabilized following the Trump Tariff pause.
Dubai M1 V M3 Spread Remains Backwardated Despite Prices Slumping Following US Tariff Announcements ($/b)
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NEWS IN BRIEF

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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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