production increase

Afro2, Closing Bell Story‎, Commodities, Crude Oil, Featured, Geopolitics, global inventories, Middle East, OPEC, production increase, PVM Oil Associates

Tight global inventories outweigh OPEC+ production increase, analyst says

Afro_Brokerages / August 3, 2026

(World Oil) – Tightening global oil inventories and continued geopolitical instability are expected to keep crude prices supported through August, […]

Afro2, Closing Bell Story‎, Commodities, Crude Oil, Featured, IEA, OPEC, output targets, production increase, Strait of Hormuz

OPEC+ prepares to stop raising oil output targets

Afro_Brokerages / July 28, 2026

(Oil Prices) – OPEC+ is preparing to approve one more production increase for September and then put the monthly quota parade […]