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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...
Oil flirts with breaking below $78 after sluggish demand forecast from IEA
The Forex Market· 16 hours agoOil hangs around $78.00 after both OPEC and IEA released their monthly reports. While OPEC stuck to...
OPEC+ Decision on Output Likely to Prioritize Dollars Over Demand
Bloomberg· 17 hours agoGroup must increase production at June 1 meeting to balance the market, analysts say, yet that...
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...
IEA Warns OPEC+ to Keep Lid on Oil Price to Avoid Higher Inflation
Bloomberg· 6 days agoOPEC+ producers shouldn’t take actions that would push oil prices up and thus boost inflation when...
Iraq Won’t Agree to Renew Oil Output Cuts in Next OPEC+ Meeting
Bloomberg· 5 days agoHave a confidential tip for our reporters? Iraq, OPEC’s second-largest producer, has made enough...
EIA Says OPEC+ Has Largely Adhered to Latest Cuts
Rigzone· 17 hours agoIn its latest short term energy outlook (STEO), the U.S. Energy Information Administration (EIA) highlighted that, based on its estimates, “OPEC+...
Kazakhstan opens thorny debate on 2025 OPEC+ oil quotas
Reuters· 2 days agoKazakhstan's comments reported by Interfax come as OPEC+ prepares to meet on June 1. The group has...
OPEC+ to weigh members’ oil output | Arkansas Democrat Gazette
Arkansas Democrat-Gazette· 22 hours agoOil cartel OPEC+ is once again grappling with the thorny question of how much oil its members are...
IEA trims 2024 oil demand growth forecast, widens gap with OPEC
Reuters· 13 hours agoThe International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth,...