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The stakes are remarkably high as forecasts for 2030 oil demand diverge wildly

There is a chasm between IEA and OPEC estimates

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Saudi Arabia, France looking for cooperation in energy sector

Saudi Arabia, France looking for cooperation in energy sector
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Saudi Surprise Cut Signals OPEC+ Crisis

Saudi Arabia’s surprise output cut may have a short-term bullish impact on oil markets, but below the surface, there’s a lot of discontent between the various OPEC+ members

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Watch Out, You Bears - Action Forex

Debt ceiling talks in the US led to some progress, but no deal was reached yesterday. The two sides are apparently close in some areas – they both want to avoid a default – but the Republicans need ‘some movement or some fundamental change’ on the White House deck. Republicans want to slash spending over as long as possible, while Democrats offer little cuts over a couple of years. But the time is ticking louder as the US Treasury’s General Account goes south at a decent pace, and the US will soon run out of money to pay its bills.

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Oil higher by 1% after Saudi Oil Minister warns short-sellers, massive EIA inventory drawdown

Oil price trades roughly a percentage point higher on Wednesday after data from the US showed a dramatic fall in Oil inventories, indicating rising de

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