Analyst says the increase means little as long as the strait remains closed

OPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since the Strait of Hormuz was effectively blocked by…

OPEC+ plans a fourth oil quota hike amid Hormuz tensions. WTI reaching $150 in June 2026 at 1.8% YES.

OPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its member countries. Despite setbacks,…

Decisão eleva metas no papel, mas restrições ao transporte pelo Irã mantém produção real em queda

Analyst says the increase means little as long as the strait remains closed