The Fed sends flowers to OPEC
OPEC+ continues to keep oil prices within a 'goldilocks' price range and provide stability in turbulent geopolitical times
The US Federal Reserve published in January an academic paper, Reasons Behind Words: OPEC Narratives and the Oil Market. The paper is the result of rigorous research and analysis by a team of authors who used a model-based approach to analyse all recorded OPEC press releases and mapped them against the fundamentals of oil supply, demand and speculative activity in the oil market. Their main conclusion was that “OPEC communication reduces oil price volatility and prompts market participants to rebalance their positions”. For an organisation that often gets a bad press, this complimentary statement might come as a surprise to many, particularly those who mistakenly take the view that OPEC is a
Also in this section
27 February 2026
LNG would serve as a backup supply source as domestic gas declines and the country’s energy system comes under stress during periods of low hydropower output and high energy demand
27 February 2026
The assumption that oil markets will re-route and work around sanctions is being tested, and it is the physical infrastructure that is acting as the constraint
27 February 2026
The 25th WPC Energy Congress to take place in tandem as part of a coordinated week of high-level ministerial, institutional and industry engagements
27 February 2026
The deepwater sector must be brave by fast-tracking projects and making progress to seize huge offshore opportunities and not become bogged down by capacity constraints and consolidation
