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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· 20 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+ 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...
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· 20 hours agoGroup must increase production at June 1 meeting to balance the market, analysts say, yet that...
Oil ends at 9-week low after OPEC leaves demand forecast unchanged
Market Watch· 2 days agoThe OPEC report “did not bring anything new regarding future expectations for this year and next...