The oil markets are increasingly putting their trust into OPEC+ production cuts to remain in place throughout this year, a feat which combined with an improving macroeconomic outlook could bring $90 per barrel sooner than assumed
Despite facing existential threats like climate change and AI, our economic systems, lack of understanding, and short-sightedness prevent us from taking decisive action.
Daily charter rates to ship LNG for October and November have surged to $206,750 and $284,750, respectively, according to Spark Commodities data cited by Bloomberg.