Oil prices
OPEC+ agreed to increase production by 548,000 barrels per day in August, pressuring oil prices
The long-term projection reflects increasing energy needs in developing nations and anticipated investments.
Only a couple of Fed policymakers supported the idea of cutting interest rates as early as this month
Trump’s tariff delay offers hope to major trade partners while confusing smaller exporters like South Africa
U.S. President Trump informed trade partners that higher tariffs would commence on August 1
Saudi Arabia raised August prices for Arab Light crude to a four-month high for Asia
Trump's letters detail tariff rates ranging from 20 percent to 30 percent for 10 countries simultaneously
U.S. domestic crude inventories rose by 3.8 million barrels to 419 million barrels last week
The Kingdom's oil exports rose by 450,000 bpd in June, reaching 6.33 million bpd
BlackRock believes this era offers better opportunities than the relatively static conditions of the past decade
Saudi Arabia's shipments increased by 450,000 bpd in June, marking the highest levels in over a year
