https://allaboutshipping.co.uk/2025/05/08/sing-fuels-daily-report-8-may-2025/
OPEC
OPEC+ To Further Speed Up Oil Output Hikes
By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW, May 4 (Reuters) – OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November,…
https://gcaptain.com/opec-to-further-speed-up-oil-output-hikes/
Market report: Ukraine minerals deal, trade hopes and buoyant corporate earnings
- Footsie takes a breather in its winning streak in early trade.
- Hopes rise for a peace deal in Ukraine, after US strikes a minerals deal.
- May optimism set to unfurl on Wall Street amid big tech strength as investors shrug off data showing the economy contracted.
- Bank of Japan keeps interest rates on hold, as stagflation fears linger over economies.
- Oil prices remain near lows not seen since February 2021 amid concerns over global growth.
- Meta’s confident outlook helps buoy...