Flux News

OPEC Cuts Explained: Fact vs. Fiction in the Oil Market

Onyx Capital Group

In this episode, Will and Ed from The Officials dive into the upcoming OPEC+ meeting and the latest quota and compliance dynamics shaping oil markets - just days ahead of Saudi Arabia’s anticipated OSP announcement.

 

What’s Covered:

  • Why OPEC’s production cuts remain central to price stability
  • The increasing tension between quota compliance and fiscal needs for producers like Iraq and Kazakhstan
  • Saudi Arabia’s strategic positioning and growing frustration with non-compliant members
  • How market expectations are shifting ahead of the June 5th OPEC meeting
  • The likely trajectory of Saudi OSPs amid structural softening in Dubai and late-month pricing dynamics
  • The evolving Brent/Dubai differential and what it signals for Atlantic Basin and Middle East grades
  • The ripple effects of China’s tariffs on WTI, and the emerging demand from India and Korea

 

🔗 Stay connected with The Officials:

✅ Read our daily reports on Flux: https://www.flux.live/the-official-reports/ 

✅ Follow us on Twitter: https://x.com/OnyxOfficials

✅ Follow Jorge’s LinkedIn for real-time updates: https://www.linkedin.com/in/jorge-montepeque-38410bb6/

 

🔗 Useful links:

👉 More "The Officials Explain" videos: https://www.youtube.com/playlist?list=PLLdOFnyMotk4U-xon44zYemCocDQ9SmYt 

👉 Oil swaps dictionary: https://www.onyxmarkets.co.uk/oil-sw 

👉 Get live, industry-grade data on Flux Terminal: https://www.onyxcapitalgroup.com/flux 

👉 Trade for free with Onyx Markets: https://onyxmarkets.co.uk/ 

 

🔗 Follow us: 

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