Fed's Schmid Sasy Continued Inflation Is Most Pressing Risk To Economy, Clear That It Is Still Too High; US Economy Has Shown 'Remarkable Resilience' And Economic Fundamentals Remain Sound; US Economy Less Vulnerable To Global Oil Disruptions Than In...
OPEC+ plans to continue increasing crude oil production quotas, but geopolitical conflicts hinder the implementation of production increases.
This round of production increase remains a policy on paper, with actual implementation facing practical obstacles.
India's Wholesale Inflation Accelerates in April
WTI, Brent Crude Futures Rise Pre-Bell as China Reportedly Warns US on Taiwan While Agreeing Iran Shouldn't Control Hormuz
OPEC cuts this year's oil demand forecast, but supply disruptions push Brent crude near $106.
The International Energy Agency issued a warning about impending greater volatility, while OPEC lowered its demand forecast for this year, leading to a rise in oil prices.
Market Chatter: Malaysia Trims Fuel Prices in Latest Review