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OPEC switches to call on OPEC+ in global oil demand outlook
Gulf Business· 6 days agoThe market share of OPEC crude has fallen to a multi-decade low of 27 per cent after Angola’s exit...
OPEC Sticks to Oil-Demand View, Posts Fall in Overall Output
The Wall Street Journal· 3 days agoOPEC left its estimates for global oil-demand growth unchanged for this year and next, while...
Outlook: global LNG trade amid market uncertainties
Offshore Technology via Yahoo Finance· 10 hours agoThe liquefied natural gas (LNG) market has substantially changed demand and supply patterns because of geopolitical tensions and market uncertainties. We...
EIA Says OPEC+ Has Largely Adhered to Latest Cuts
Rigzone· 2 days agoIn its latest short term energy outlook (STEO), the U.S. Energy Information Administration (EIA) highlighted that, based on its estimates, “OPEC+...
IEA trims 2024 oil demand growth forecast, widens gap with OPEC
Reuters via Yahoo Finance· 2 days agoLONDON (Reuters) -The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024...
Goldman Sachs sees OPEC+ unlikely to raise oil production at June meeting
Gulf Business· 5 days agoGoldman still expects Brent crude futures to remain in a range of $75 to $90 a barrel in most...
Kazakhstan opens thorny debate on 2025 OPEC+ oil quotas
Reuters· 3 days agoKazakhstan opened on Tuesday a thorny debate on OPEC+ production levels, saying it believed it...
Iraq won’t agree to new OPEC+ oil production cuts
Gulf Business· 5 days agoIraq has repeatedly said it is committed to voluntary cuts but pumped over its output quota by a cumulative 602,000 barrels per day.
Iraq is committed to OPEC's oil output cuts, minister says
Reuters· 5 days agoIraq is committed to voluntary oil production cuts agreed by the Organization of the Petroleum...
Oil flirts with breaking below $78 after sluggish demand forecast from IEA
The Forex Market· 2 days agoOil hangs around $78.00 after both OPEC and IEA released their monthly reports. While OPEC stuck to...