News about US • tariff

Global proven crude oil reserves stood at 1,567billion barrels (bn b) at the end of 2024, higher by 2 bn b, y-o-y. Proven crude oil reserves in OPEC Member Countries remained unchanged at 1,241 bn b at the end of 2024, which is almost 80% of global proven oil reserves #ASB2025 pic.x.com/mff6Ylztat

World crude oil production averaged 72.58 mb/d in 2024, a drop of 0.77 mb/d, y-o-y, or 1.0%. Crude oil production from OPEC Member Countries dropped y-o-y by 0.57 mb/d, or 2.1 %, while crude production from non-DoC countries rose by 0.58 mb/d, or 1.8 % #ASB2025 pic.x.com/tIzJszXZYP

#NewsFatafat | Brent crude slips after a 3% jump overnight — its biggest gain in two weeks — as traders eye upcoming trade talks and the OPEC+ meet. Vietnam’s pact with the US fuels hopes of more deals before the July 9 deadline. #Crudeoil #OPEC pic.x.com/DQUu9qhCys

#MarketAlert | Brent cools off 0.4% after a 3% rally—Trump’s Vietnam trade deal stirs oil market hopes ahead of OPEC+! #OilPrices #BrentCrude #TrumpTrade #OPEC #Markets pic.x.com/pFprxLlTr6