Energy, Oil & Gas

Opec+ likely to further increase output target

OPEC+ oil-producing countries will likely agree a ‌further hike in their output target for July when they meet on Sunday, Reuters said quoting three sources....

Energy, Oil & Gas

Gulf oil output can rebound quickly after Hormuz reopens: Goldman Sachs

Oil production across the Gulf, sharply curtailed by the Iran conflict, is expected to stage a strong recovery within months once the Strait of Hormuz fully reopens, according to Goldman Sachs, offering a measure of optimism for regional energy markets....