OPEC+

OPEC+ Rips Off the Band-Aid

By ripping off the band-aid, the Saudis seem to have accepted that letting prices weaken for a period of time is a necessary part of regaining their lost market share....

OPEC+ finally grasps the nettle.

OPEC+ Finally Grasps the Nettle

OPEC+ finally grasps the nettle and is finally raising output quotas for a subset of participants. It has been a long time coming. OPEC+ affirmed on March 3 that it...