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OPEC+ Oil Revenues Decline as Brent Faces Supply Surge
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OPEC+ Oil Revenues Decline as Brent Faces Supply Surge

Brent crude oil prices are hovering near $68.10 in Asian trading as the market gears up for the crucial OPEC+ meeting scheduled for July 6. Key member Saudi Arabia is actively lobbying for the coalition to extend its output increases—potentially adding another 411,000 barrels per day in August and September—to reclaim lost market share. Bloomberg notes that Saudi Aramco has already cut July prices for its flagship Arab Light crude by $0.20 for Asian buyers, signaling a push for regional competitiveness. Eight OPEC+ nations, including Russia, Saudi Arabia, Algeria, Iraq, Kuwait, UAE, Kazakhstan, and Oman, are gradually phasing out voluntary production limits, raising total output by 386,000 barrels per day.

18 August
Putin–Trump Summit Shifts Market Sentiment on Safe-Haven Assets
Details
Sagar Dua
4

XAU/USD is trading within the 3432.00–3263.00 range, awaiting new catalysts. Following the U.S.–Russia presidential summit in Anchorage, Alaska, where Vladimir Putin and Donald Trump discussed bilateral relations and potential peace talks over the Russia–Ukraine conflict, markets are bracing for a possible trilateral meeting with Ukraine. Any progress toward a ceasefire could sharply reduce demand for safe-haven assets and push gold toward 3263.00. Conversely, escalation would likely boost gold prices.

ExxonMobil Eyes Sakhalin Return — Oil Market Shaken
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Sagar Dua
4

Brent crude prices are consolidating lower at 65.47 in a stable downtrend. The market remains steady despite U.S. diplomatic pressure on Russian energy imports. Last week’s summit between U.S. President Donald Trump and Russian President Vladimir Putin ended without major breakthroughs, but Washington temporarily eased its stance on China, India, and Brazil — key buyers of Russian hydrocarbons. In parallel, Moscow amended its decree on special economic measures in the energy sector, enabling ExxonMobil Corp. to regain its 30% stake in the Sakhalin-1 oil and gas project, previously written off at a $4.6 billion loss. This move may reopen opportunities for Western majors in the Russian market.

15 August
OPEC Lifts 2026 Demand—Will WTI Break 61.30 or Rip Back to 69.80?
Details
Sagar Dua
24

WTI Crude Oil prices are holding around 62.96 during the Asian session as investors digest OPEC’s monthly report. The cartel now expects global oil demand in 2026 to increase by 1.38 million barrels per day, which is 100 thousand bpd above the July estimate, while its outlook for 2025 remains unchanged. The bulk of the growth is seen in non-OECD countries—about 1.2 million bpd—driven notably by India and China, while OECD economies are set to contribute roughly 200 thousand bpd. In absolute terms, demand in 2026 is projected to reach around 107 million bpd. OPEC also trimmed its non-OPEC+ supply growth forecast to 630 thousand bpd from 730 thousand bpd a month earlier, mainly due to an anticipated 100 thousand bpd decline in U.S. shale output. In OPEC’s view, this should help balance the market and ease the bloc’s plan to gradually unwind production curbs after years of restraints.

13 August
Oil Outlook Slashed: Global Supply Surge Threatens Brent Prices
Details
Sagar Dua
23

Brent crude futures continue to trade in a local downtrend around $65.70, extending a corrective move after the U.S. Energy Information Administration (EIA) issued a bearish market outlook. The agency’s latest report projects a notable drop in oil prices in the near term

12 August
Oil Market Braces for Volatility as Sanctions Talks Loom
Details
Sagar Dua
24

WTI crude oil prices are testing support at 64.50 ahead of Friday’s talks between U.S. and Russian officials on resolving the Russia–Ukraine conflict.

8 August
XPT/USD: Will Geopolitics Shift the Platinum Market in 2025?
Details
Sagar Dua
25

During the Asian trading hours, XPT/USD slipped toward the $1300.00 handle, reflecting a mild correction after recent gains. Analysts at the World Platinum Investment Council (WPIC) project that global automotive demand for platinum will rise to 3.25 million ounces by year-end, supported by tighter emissions standards and a structural shift away from palladium. Jewelry consumption is forecast to grow by 2.0%, fueled largely by a robust 15.0% surge in Chinese demand. Investment demand is expected to climb another 7.0%, while palladium substitution could reach 877,000 ounces — a significant factor reshaping the PGM (Platinum Group Metals) market balance.

7 August
WTI Oil Outlook: US-India Tariffs Rock Market
Details
Sagar Dua
29

WTI crude oil futures remain anchored within a long-term descending channel, trading near $64.10 during the Asian session. Market focus is squarely on President Donald Trump’s decision to introduce ad valorem tariffs of 25% on Indian imports. The move is a direct response to continued Indian government purchases of Russian energy supplies, with much of the oil reportedly resold on the open market for profit. The White House has signaled further sanctions for nations trading with Russia, betting that tightening restrictions will accelerate the resolution of the Russia-Ukraine conflict.

4 August
Trading Gold: Key Levels and Scenarios as Macro Risks Shift
Details
Sagar Dua
33

Gold prices (XAU/USD) continue to trade below the $3,500–$3,430 resistance zone for the fourth consecutive month, signaling an exhaustion of the prior uptrend. Following the White House’s announcement of new tariffs on imports in early April, demand for gold as a safe-haven asset surged. However, a 90-day moratorium on the sanctions reduced immediate risks and prompted some investors to reduce gold allocations. As the US administration has since reached trade agreements with key partners—including Japan, the UK, EU, South Korea, and several Asian countries—market confidence in equities has been restored, softening demand for bullion.

24 July
Oil Inventories and Sanctions: What’s Next for WTI?
Details
Sagar Dua
50

WTI Crude Oil: Uncertainty Dominates the Oil Market

14 July
Will Gold Break $3,400? CPI and Tariff Drama Set the Tone
Details
Sagar Dua
52

The gold market continues to set the tone for global risk sentiment, ending the week with XAU/USD firmly above $3,300—a level that’s rapidly becoming a new psychological pivot for traders. Once again, the metal delivered on its safe-haven promise, catching a strong bid as the US-China tariff drama escalated and investors braced for another volatile week in global markets. Every fresh headline—from Washington’s tariff threats to surging inflationary fears—has left an immediate mark on gold’s price trajectory, underscoring how reactive and sentiment-driven this rally remains.

2 July
Is Brent Crude Ready for a Surge? Key Resistance and Market Drivers
Details
Sagar Dua
69

Current Dynamics: Brent Edges Higher on Optimism, Awaits Key Data

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