OPEC - Meta Forex

Oil Prices Edge Up Slightly Amid Tight Supply, Tariff Concerns, and OPEC Demand Downgrade

News Editor / 2 months

5 min read

Crude Oil Rebounds as Supply Limits Offset Tariff Concern: Crude oil prices saw a mild rebound on Thursday, recovering from earlier losses as constrained supply helped counterbalance investor concerns over looming U.S. tariffs and OPEC’s reduced demand forecast. Crude Oil: The Energy Driving the World One of the most significant energy sources on the world […]

Oil Prices Plummet 8% as OPEC+ Stuns Markets With 1.5M Barrel/Day Production Surge

News Editor / 4 months

2 min read

Crude oil prices plummeted on Monday after OPEC+ shocked markets with an unanticipated 1.5 million barrel per day (bpd) production hike, sparking the most severe single-day decline since mid-2020. Brent crude futures plunged 8.1% to 65.40/barrel, with West Texas Intermediate (WTI) crashing 8.3 61.85 – wiping out half a year of gains in mere hours. […]

Gulf States Navigate Economic Crossroads Amid U.S. Tariffs and Oil Price Volatility

News Editor / 5 months
0
3 min read

The recent imposition of U.S. tariffs has thrust the oil-rich Gulf Cooperation Council (GCC) countries—comprising Saudi Arabia, the United Arab Emirates (UAE), Qatar, Bahrain, Kuwait, and Oman—into a complex economic landscape. While these nations have historically benefited from robust oil exports, the current global trade tensions present both opportunities and challenges. Tariffs and Their Immediate […]

Goldman Sachs Slashes Oil Price Forecasts by $15 as Tariff Fears and OPEC Surplus Loom

News Editor / 5 months

1 min read

Goldman Sachs has revised its Brent crude oil price forecast downward by 15 per barrel, now projecting an average of 75 for Q3 2025, citing escalating trade tensions and unexpected OPEC+ supply increases. Key Factors Driving the Downgrade: Trump Tariff Fallout: Potential 10-15% drop in global trade volumes Reduced industrial demand from China and Europe Strengthening […]

Oil Prices Rebound from 2-Month Lows After Trump Revokes Chevron’s Venezuela License

News Editor / 6 months

1 min read

Oil prices saw a notable recovery from two-month lows on Tuesday, driven by geopolitical tensions after U.S. President Donald Trump revoked Chevron’s authorization to operate in Venezuela. The decision, which came as a surprise to many, has raised concerns about potential disruptions in global oil supply, particularly from Venezuela, a key OPEC member. Brent crude […]

Oil Prices Fluctuate Amid Trump’s Colombia Sanctions Reversal

Writer / 7 months

3 min read

Oil prices wavered on Monday as markets digested the U.S. government’s decision to retreat from initial sanctions threats against Colombia. This move eased immediate fears of supply disruptions but left traders on edge. Both Brent and U.S. crude benchmarks oscillated between gains and losses, reflecting heightened market uncertainty. By midday GMT, Brent crude futures had […]

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Oil Prices Edge Up Slightly Amid Tight Supply, Tariff Concerns, and OPEC Demand Downgrade

Oil Prices Plummet 8% as OPEC+ Stuns Markets With 1.5M Barrel/Day Production Surge

Gulf States Navigate Economic Crossroads Amid U.S. Tariffs and Oil Price Volatility

Goldman Sachs Slashes Oil Price Forecasts by $15 as Tariff Fears and OPEC Surplus Loom

Oil Prices Rebound from 2-Month Lows After Trump Revokes Chevron’s Venezuela License

Oil Prices Fluctuate Amid Trump’s Colombia Sanctions Reversal

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