OPEC+ Weighs Shock Output Surge as Iran Conflict Rattles Oil Markets
OPEC+ is preparing to consider a significantly larger oil output increase at its meeting on Sunday, as escalating military conflict involving Iran threatens energy flows across the Middle East. According…
U.S. Crude Daily Average Production Falls in December as Bakken Leads Pullback
Average daily crude oil production in the United States eased in December to the lowest daily production rate in months, according to the latest EIA data. Total December production, however,…
Germany Plans to Scrap Subsidy for Small-Scale Rooftop Solar
Germany plans to abolish fixed feed-in tariffs for small rooftop solar installations as of 2027, saying that falling costs have made the technology economically sound without subsidies, Bloomberg reported on…
Oil markets on edge after Trump strike on Iran threatens Hormuz flows
U.S. President Trump’s strike on Iran has raised fresh concerns over global oil supply, with risks to Iran’s 3 million bpd production and potential disruption to Strait of Hormuz shipments…
OPEC+ to boost oil production 206,000 bpd as Iran conflict threatens supply
(Bloomberg) – OPEC+ agreed to resume oil production increases at a slightly accelerated pace, even as conflict sparked by U.S.–Israeli strikes on Iran heightens risks to global crude flows. …
