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#OPEC #oil supply cuts stall as #Iraq keeps pumping above quota: Bloomberg
#Oil markets face supply deficit all year on #OPEC+ cuts, says #IEA: Bloomberg.
#OPEC+ sticks with supply cuts while oil nears $90 a barrel.
#Oil falls to the lowest in about four months after #OPEC+ plans to lose its production curbs.
#OPEC trims oil demand forecast ahead of decision on supply boost.
#OPEC cuts 2024 oil demand growth view to 20 lakh barrels per day.
#OPEC keeps 2024 non-OPEC oil supply growth view unchanged at 12 lakh barrels per day.
#OPEC cuts demand growth estimate for 2024 by 106,000 barrels a day.
#NewsAlert | #OPEC cuts growth view for #oil demand in 2024 by 107,000 bpd to 1.8 mn bpd
#OPEC cuts #oil demand growth forecasts for this year and next for a fifth straight month.
#OPEC predicts ongoing oil #demand growth to continue in 2026; oil prices rise more than 2% on Wednesday
#OPEC+ to begin long-delayed supply hike amid #Trump pressure
#MarketCues | #OPEC cuts 2025 global #oil demand growth forecast to 1.30 million bpd from 1.45 million bpd

OPEC cuts 2026 global oil demand growth forecast to 1.28 million bpd from 1.43 million bpd
#FromBloomberg | #OPEC+ discusses another 4.11 lk bpd output hike in July
#MarketCues | Here's how the global market cues are placed this morning on weaker-than-expected #US jobs data, #OPEC+ output hike & #tariff impact

▢️Gold at highest lvl since July 25, above $3,350/oz, as US payrolls data boosts rate cut hopes

▢️Asian Markets largely lower in early trade, Nikkei down nearly 2%
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#Oil rises in relief rally as #OPEC+ agrees modest production hike
Oil gained after #OPEC+ agreed to raise production by a modest amount, staving off traders’ fears of a super-sized increase
#FromBloomberg | β€˜#OPEC+ agrees in principle to 2.06 lk barrels/day hike for April’, #Delegates Say