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opec

Oil Market Dynamics: The Influence of OPEC, API, and US PPI Data
May 15 2024

Oil Market Dynamics: The Influence of OPEC, API, and US PPI Data

The oil market was influenced by several key developments, including the release of the OPEC Monthly Report, the American Petroleum Institute's (API) Crude Oil Stock Change, and the Producer Price Index (PPI) data from the US.

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OPEC+ following the decision to reduce oil production
October 04 2022

OPEC+ following the decision to reduce oil production

Oil market prices increased on the first trading day of the week after the publication that OPEC+ announced a significant reduction in oil production.

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