Oil in the Trade War

OPEC’s plan to increase production actually has little to do with tariffs.

By
Ekaterina Zolotova
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1396

Immediately after U.S. President Donald Trump announced his slew of tariffs last week, OPEC+ members, led by Russia and Saudi Arabia, announced a significant increase in oil production for May. At 411,000 barrels per day, up from a planned 135,000 bpd, this is the group’s highest output since 2020. The move has little to do […]

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Ekaterina Zolotova
Ekaterina Zolotova
https://geopoliticalfutures.com/author/ezolotova/
Ekaterina Zolotova is an analyst for Geopolitical Futures. Prior to Geopolitical Futures, Ms. Zolotova participated in several research projects devoted to problems and prospects of Russia’s integration into the world economy. Ms. Zolotova has a specialist degree in international economic relations from Plekhanov Russian University of Economics. In addition, Ms. Zolotova studied international trade and international integration processes. Her thesis was on features of economic development of Venezuela. She speaks native Russian and is fluent in English.

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