Bear Is Back: Global Oil Market Turns Bearish as OPEC+ Unwinds Cuts and Hormuz Stabilises
Brent crude trades near $72/bbl as OPEC+ adds 188,000 b/d for August, Saudi exports recover, and the Hormuz risk premium unwinds.
Brent crude trades near $72/bbl as OPEC+ adds 188,000 b/d for August, Saudi exports recover, and the Hormuz risk premium unwinds.