Key producers in Opec signalled their intention to keep oil supplies constrained for the rest of the year, while pledging to prevent any genuine shortages. It was less clear how far Russia, their main partner in the wider Opec+ producers’ coalition, shared that view. While most nations...
Saudi Arabia isn’t seeing as much demand for oil as expected from Iran’s customers, as a lot of crude has been leaving the Gulf nation without being accounted for since the US imposed sanctions on Tehran. Nobody knows how much oil Iran is producing or exporting, Saudi...