OPEC+
PulseAugur coverage of OPEC+ — every cluster mentioning OPEC+ across labs, papers, and developer communities, ranked by signal.
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Saudi Arabia's oil output hits lowest level since 1990
Saudi Arabia's oil production saw a significant drop in April, reaching its lowest point since 1990. The nation reported a further decrease of 651,000 barrels per day, bringing its total output to 6.316 million barrels …
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OPEC maintains global growth forecast; China Jushi invests billions
OPEC has maintained its global economic growth forecast for 2026 at 3.1% and for 2027 at 3.2%. In other news, China Jushi announced a significant investment of 4.431 billion yuan for a new production line to manufacture…
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UAE exits OPEC amid shifting security alliances and fiscal divergence
The United Arab Emirates has announced its departure from OPEC, a move driven by shifting security alliances rather than disagreements over oil production quotas. Abu Dhabi's decision appears to be influenced by its gro…
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Money market fund yields dip below 1% as oil production quotas shift
The yield on Yu'ebao, China's largest money market fund, has fallen below 1%, continuing a downward trend in risk-free rates. This decline affects over 100 similar funds, though money market funds remain a popular choic…
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OPEC+ agrees to increase oil production by 188,000 barrels per day in June
OPEC+ has reached a preliminary agreement to increase oil production by 188,000 barrels per day starting in June. This decision comes after the UAE's withdrawal from the group, which previously accounted for about 45% o…
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UAE exits OPEC+ in 2026; OpenAI faces sales targets, AI content platforms cited
China's Ministry of Industry and Information Technology has summoned platforms including Jianying, Maoxiang, and Jimeng AI for violating regulations on AI-generated content labeling. Separately, the United Arab Emirates…