OPEC+
A geopolitical premium that keeps Brent above $65 per barrel will likely persist until further clarity on U.S.-Iran talks
OPEC+ plans to increase oil production by 411,000 barrels per day starting in July
The UAE's growth is projected at 4.6 percent in 2025, and 4.9 percent in 2026 and 2027
U.S. President Trump reported positive updates from London, enhancing hopes for a trade deal
Growth was driven by a 4.9 percent expansion in non-oil activities and a 3.2 percent growth in government activities
China is set to release key economic data amidst worries about domestic demand strengthÂ
OECD revised down its global growth forecast due to the impacts of trump's trade war
Low U.S. fuel inventories raise supply concerns as operational oil rigs decline to the lowest level since November 2021Â
U.S. President Donald Trump's tariffs will remain in effect after a federal appeals court temporarily reinstated them
Current production levels will remain in place through the end of December 2026, ensuring stability
Oil prices climbed after a U.S. trade court ruled on Wednesday that Trump overstepped his authority by imposing global tariffs
