OPEC+
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
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
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
