Crude oil prices have fallen as the Trump administration's actions against Venezuelan President Maduro create uncertainty in the oil market. Experts weigh in on the potential impact of regime change on production and prices.
OPEC+ has announced a significant increase in oil production by 411,000 barrels per day for July, aiming to reclaim market share and address over-production among its members. This bold move has left analysts questioning the implications for crude prices and global supply.
In a surprising decision, OPEC+ has agreed to increase oil production for the third consecutive month, despite Russia's concerns. This move could drastically reshape the global oil market.
In a surprising move, eight OPEC+ countries have agreed to increase oil output by 411,000 barrels per day for June, following a similar rise in May. This decision, amid U.S.-China trade tensions and falling prices, has analysts speculating on future market impacts.