-
Russian Oil Hits Smallest Share of India Imports Since Late 2022
19 Feb 2026 16:06 GMT
… the West for months to cut back purchases. Since August last … up for the lower Russian oil volumes, Indian refiners tapped … purchases of Russian oil raised the share of OPEC oil in India’s … the sources said.
The heavy oil, purchased through two separate deals …
-
Oil prices gain over 4% in two days as US-Iran tensions linger: Can they rise more?
19 Feb 2026 09:06 GMT
… military activity in the key oil-producing region.
Brent crude … for nearly 30% of global oil production, and about 20% of the … four-year conflict.
Crude oil prices near-term outlook
Analysts … of oil from the US, (b) gradual unwinding of cuts by OPEC+, and …
-
Nigeria Forfeits Estimated N1.76 Trillion in Oil Revenue After Missing OPEC Production Quota for 13 Consecutive Months
18 Feb 2026 18:02 GMT
… in upstream rehabilitation has constrained output.
Delays in upstream project … from some deeper voluntary production cuts agreed by OPEC+ members, the country… have intensified engagements with international oil companies (IOCs), indigenous operators, …
-
OPEC: The impact of monetary policies on the oil market
19 Feb 2026 01:50 GMT
… the European Central Bank (ECB) cut rates four times throughout the … government policy is supporting oil consumption, with oil demand growth forecast at … greater confidence to continue rate cuts.
Source: OPEC
-
Crude Oil Prices Supported by Mounting Geopolitical Risks
18 Feb 2026 23:01 GMT
… . The IEA last month cut its 2026 global crude surplus … production hikes in Q1-2026 due to the emerging global oil surplus. OPEC … the 2.2 million bpd production cut it made in early 2024 … seasonal average. US crude oil production in the week ending February …
-
Anas Alhajji: OPEC’s decisions driven by regional demand, not global | Macro Voices
18 Feb 2026 21:58 GMT
… and global oil demand is crucial for market analysis.
OPEC’s production cuts are … often based on assessments of their own oil demand … events by adjusting oil production.
Divergence between OPEC and IEA
OPEC’s perspective on …
-
Oil Prices Under Pressure As OPEC+ Signals Output Hike, U.S. Production Jumps
17 Feb 2026 06:35 GMT
… time when OPEC+ producers are contemplating easing voluntary supply cuts, a combination … OPEC+ signaling potential output increases and U.S. production accelerating, the global oil market …
-
China's Unprecedented Oil Stockpiling Sparks Questions If Beijing Is Preparing For War
18 Feb 2026 03:20 GMT
… gas-powered trucks has cut into fuel use.
The … well as encouraging domestic oil production and incentivising alternative fuels … capacity, or stand-by oil production.
The agreement also … oil production as Saudi Arabia and its OPEC⁺ partners boosted output …
-
Markets Cautious After CPI; Dollar Weaker, Gold Slips, Oil Holds : Comments from Century Financial
16 Feb 2026 22:29 GMT
… quarter-point moves. A June cut is back in play, … reviving expectations of interest rate cuts in the first half of … backdrop of strong supply levels, OPEC+ spare capacity, and moderate … covering picks up.
Technically, oil prices have been consolidating since …
-
Food shortages, power cuts, rubbish piled in the streets and people fleeing. Welcome to Britain's future... and I know exactly what's to blame: RICHARD LITTLEJOHN
16 Feb 2026 20:58 GMT
… shortages, food shortages, daily power cuts, rubbish piled high in the … stations not seen since the OPEC crisis in 1973.
In Cuba … old Chevrolets strapped to empty oil drums for buoyancy.
Net Zero … Cavaliers balanced precariously on empty oil drums?
I could go on …