OPEC+ is playing a dangerous game with oil

OPEC+ is playing a dangerous game with oil

This article supplied by Troy Media. By Rashid Husain Syed OPEC+ is cranking up oil supply into a weak market. It’s tried this strategy before, and it backfired OPEC+ is once again charging headfirst into a market share war—a strategy that has repeatedly ended in disaster. Despite weak global demand, falling prices and rising output from non-OPEC countries, the cartel has chosen to flood the market. History shows this tactic rarely ends well for…

ANS hugs 2-week high - July 13, 2025

Alaska North Slope crude, along with West Texas Intermediate and Brent, lifted to two-week highs despite a larger than expected production boost from the Organization of the Petroleum Exporting Countries and its allied exporting nations. On July 5, OPEC+ approved a supply increase of 548,000 barrel...

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Natural Gas and Oil Forecast: OPEC+ Output Hike Clashes With Geopolitical Risk

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