Current Date 10 Apr, 2025
Oil Price Volatility: Standard Chartered Analyzes OPEC+ Production Cuts and Market Impact

Oil Price Volatility: Standard Chartered Analyzes OPEC+ Productio...

Oil prices rebounded after Trump paused tariffs, but OPEC+'s accelerated production cut phase-out concerns persist. Standard Chartered expects this move to enhance future discipline, despite short-term market risks. They predict non-OPEC+ supply growth will remain low, benefiting from the US slowdown. Recession fears and potential oil market floo