Topic
OPEC+
Everything Briefed has filed against OPEC+, most recent first.
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UAE ditches OPEC after 60 years, threatens cartel grip on oilThe UAE just shattered OPEC's coordination model with 48 hours' notice. After nearly six decades of membership, the Emirates announced its exit effective May 1, citing production flexibility and na…Soybean oil futures sink 5% on crude collapseUS soybean oil futures plunged 5% as Iran ceasefire hopes crushed crude prices and reduced biodiesel demand expectations. The agricultural commodity had rallied to multi-year highs tracking oil's s…Oil climbs past $111 on mixed Iran signalsBrent crude surged over 1% to above $111 per barrel as Trump's escalation threats offset reports of intense negotiations with Iran through multiple channels. US gasoline prices hit $4.11 per gallon…