The Most Up-to-Date opec News

JPMorgan says oil prices could fall to $30 a barrel in 2027
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JPMorgan says oil prices could fall to $30 a barrel in 2027

Global brokerage firm estimates oversupply could bring the price down from current level of around $62

Oil prices stabilize on Ukraine deal hopes after last week’s slump
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Oil prices stabilize on Ukraine deal hopes after last week’s slump

Brent crude futures and WTI edged up slightly on Monday

OPEC+ agrees to another large oil output hike
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OPEC+ agrees to another large oil output hike

Group had been curtailing production for several years to support oil prices before reversing course

An overview of Iran's main gas field and oil infrastructure
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An overview of Iran's main gas field and oil infrastructure

Iran has partially halted output from its South Pars field, the world’s largest gas reserve shared with Qatar beneath the Gulf

Fitch slashes 2025 oil price forecast amid slowing growth, rising OPEC+ output
Markets

Fitch slashes 2025 oil price forecast amid slowing growth, rising OPEC+ output

Demand outlook weakens as global trade war bites and OPEC+ plans ramp-up in production