December 3, 2022
November OPEC Cuts Top One Million BPD
OPEC production dropped 1.05 million bpd in November to 28.79 million bpd according to Bloomberg estimates. It…
October 17, 2022
IEA and OPEC Cut Demand Forecasts
The International Energy Agency (IEA) and OPEC released their monthly Oil Market Report this week. Both cut…
February 4, 2022
OPEC+ Opts for the Status Quo
Prompt WTI reached $93.17/barrel Friday morning as oil market upside accelerated. Buoyant oil prices have…
October 22, 2021
African OPEC+ Struggles to Grow Output
Last week’s Friday Focus discussed OPEC’s plan to hold the course on its 400,000 bpd…
October 15, 2021
OPEC+ Sends Clear Signal on Intentions
Prompt Brent topped $85.00/barrel today while WTI reached a new seven-year high at $82.49. Oil…
July 9, 2021
UAE Wants a Voice But OPEC+ Not Ready
The regional and OPEC geopolitical dynamic has been greatly defined by the long simmering “Cold…
March 12, 2021
Saudi Arabia Remains Front and Center
The week began with another drone missile attack by Iranian backed Houthi rebels in Yemen.…