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OPEC switches to call on OPEC+ in global oil demand outlook
Gulf Business· 5 days agoThe market share of OPEC crude has fallen to a multi-decade low of 27 per cent after Angola’s exit...
One Oil Cargo’s Odd Journey Highlights Global Market Strains
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- A dearth of heavy crude is forcing one of the world’s biggest buyers to go the extra...
Oil flirts with breaking below $78 after sluggish demand forecast from IEA
The Forex Market· 21 hours agoOil hangs around $78.00 after both OPEC and IEA released their monthly reports. While OPEC stuck to...
EIA Says OPEC+ Has Largely Adhered to Latest Cuts
Rigzone· 21 hours 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· 1 day agoLONDON (Reuters) -The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024...
OPEC Sticks to Oil-Demand View, Posts Fall in Overall Output
The Wall Street Journal· 2 days agoOPEC left its estimates for global oil-demand growth unchanged for this year and next, while...
OPEC sticks to oil demand view, shifts key forecast to OPEC+
Reuters· 2 days agoOPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it...
OPEC+ Decision on Output Likely to Prioritize Dollars Over Demand
Bloomberg· 21 hours agoGroup must increase production at June 1 meeting to balance the market, analysts say, yet that...
OPEC+ Reopens Debate Over Its Members' Oil Production Capacity
Rigzone· 1 day agoOPEC+ is once again grappling with the thorny question of how much oil its members are actually...
IEA cuts 2024 oil demand growth forecast
Offshore Technology via Yahoo Finance· 27 minutes agoThe adjustment increases the gap between the IEA's projections and those of OPEC. The IEA, which represents industrialised nations, now expects oil...
