Oil prices rose on Tuesday evening following reports of an Israeli airstrike in Doha targeting senior Hamas leaders.
Goldman Sachs has raised its 2026 oil surplus forecast but kept its crude price outlook unchanged.
Eight members of OPEC+ agreed on Sunday in an online meeting to raise production from October by 137,000 barrels per day.
President Donald Trump has moved to narrow US reciprocal tariffs, sparing certain imports while making future cuts conditional on trade and security agreements with allies.
Europe’s largest refinery, a key producer of bunker fuels, will undergo a mid-September turnaround to ensure safe and reliable operations.
Brazil has formally requested to become a full Member of the International Energy Agency (IEA), citing years of partnership and the value the IEA provides.
