… oil producer, with over 3 million barrels in daily output. Non-OPEC production … million barrels in daily production can hardly be … earlier. Production of oil was higher, both within OPEC and outside … of 3%. If OPEC+ further unwinds cuts, spare capacity will …

… likelihood." Notably, the oil market appeared to ignore the … which 20% of global oil supplies pass—remains a … price spikes. Supply Surplus and OPEC+ Outlook Despite the geopolitical … 2026, suggesting that a production cut of 2 million barrels per …

… talks of Opec+ leaning towards a resumption in oil output increases … from April. The oil surplus that … they said, adding that output cuts of two million barrels per … “Both prediction markets and oil markets are pricing some …

… has estimated that the oil market would be … OPEC+, spent much of 2025 unwinding production cuts. In the Americas, US shale production … increasing freight costs for oil products moving between Europe … and Asia. Oil analysts were largely expecting …

… roughly 20% of global oil supplies transit. Any military … betting on higher prices. Oil prices also drew support from … discussions within OPEC+ over a potential resumption of output increases starting … they said, adding that production cuts of up to 2 million …

… 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, …

… involving Iran — a major OPEC producer — could threaten flows … roughly a fifth of global oil shipments, amplifying market sensitivity … to geopolitical risk. Oil’s rally this week also … Fed minutes signalled reluctance to cut rates soon, the PCE …

… .  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 …

… The major oil producer lies opposite the oil-rich Arabian … talks of OPEC+ leaning towards a resumption in oil output increases … from April. The oil surplus that … they said, adding that output cuts of 2 million barrels per …

… recession with an unwinding of OPEC+ production cuts. The projection, which sent ripples … financial intermediaries that facilitate Iranian oil purchases. The goal is to … slow economic activity, reduce industrial output, and suppress fuel consumption. China …