Thursday , 29 January 2026

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OPEC output dips as group over-delivers on cuts agreement

Bloomberg OPEC continues to over-deliver on its production cuts, with output falling further last month as the group nears its goal of rebalancing the oil market. The cartel pumped 31.93 million barrels a day, down from a revised 31.97 million in March, a Bloomberg News survey of analysts, oil companies and ship-tracking data found. OPEC and a group of non-OPEC …

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Germany set for solar record over warm climate

Bloomberg Germany is headed for record solar power generation next week as forecasters predicted warm weather for central and eastern Europe and even raised the prospect of heatwaves hitting the southeast region later this month. While Europe’s renewable energy revolution has fundamentally changed how the power market works, it’s probably most notable at this time of year. German prices slumped …

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