Grant Smith

2 weeks ago | bloomberglinea.com | David Wethe |Anna Shiryaevskaya |Grant Smith

Bloomberg — El desplome de los precios del petróleo en los dos últimos días tras la doble sacudida de los aranceles del presidente Donald Trump y el sorpresivo aumento de la producción de la OPEP+ ha alterado el panorama energético mundial con una rapidez pasmosa.

2 weeks ago | thestar.com.my | Grant Smith |Fiona MacDonald |Nayla Razzouk

SINGAPORE (Bloomberg): For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few moments this week, that role reversed dramatically. In a video conference on Thursday, the coalition of crude producers led by Saudi Arabia and Russia was expected to simply remind errant members to respect their output limits, ahead of rubber stamping its existing plan to gradually raise production.

2 weeks ago | rigzone.com | Alex Longley |Grant Smith |Mia Gindis

Oil tumbled to a four-year low, following a surprise output increase by OPEC+ and a rapidly escalating global trade war that’s also rattling commodities markets from metals to gas. Oil’s rout was triggered Thursday by US President Donald Trump deluge of tariffs, which threaten the global economy and energy consumption. Hours later, OPEC+ tripled a planned output hike for May, in what delegates called a deliberate effort to lower prices to punish members that were pumping above their quota.

2 weeks ago | dailyherald.com | Grant Smith |Fiona MacDonald |Nayla Razzouk

A coalition of crude producers led by Saudi Arabia and Russia was expected to simply remind errant members to respect their output limits, ahead of rubber-stamping its existing plan to gradually raise production. Instead they delivered a major shock — increasing supply by three times the planned amount in May in what delegates described as a deliberate effort to drive down prices to punish the group’s cheats.

2 weeks ago | bloomberglinea.com | Alex Longley |Grant Smith |Mia Gindis |Toru Hanai

Bloomberg — El petróleo cayó a mínimos de cuatro años tras un sorpresivo aumento de la producción por parte de la OPEP+ y una guerra comercial mundial en rápida escalada que también está sacudiendo los mercados de materias primas, desde los metales hasta el gas. La caída del petróleo se desencadenó el jueves por el diluvio de aranceles del presidente estadounidense Donald Trump, que amenazan la economía mundial y el consumo energético.