OPEC+
OPEC+ plans to increase output by 411,000 barrels per day starting in August
The market has largely eliminated the geopolitical risk premium after the ceasefire announcement
As Middle East tensions now appear to have eased, the outlook for crude oil prices remains uncertain
Investors expect a return to normalcy in oil if the ceasefire terms are upheld
Goldman Sachs predicts Brent could peak at $110 if oil flows through the strait are disrupted
Trump will decide whether the U.S. will get involved in the Israel-Iran conflict in the next two weeks, the White House said
A $212 million loan with Oman will improve connectivity through the Khasab–Daba–Lima Road ProjectÂ
Fed discussions this week may lead to a 25 basis point rate cut sooner than expected
Heightened geopolitical risks, unresolved trade tensions and policy shifts have added several uncertainties to the oil market outlook
Gulf countries are expanding their overseas presence and creating partnerships as part of growth plans
Concerns grow over potential disruptions in the Strait of Hormuz, impacting global oil supply
