LONDON, Sept 11 (Reuters) - OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next, and said the world economy was maintaining a solid growth ...
OPEC continued to project a substantial supply deficit in global oil markets this year and next even as the group revives production, a view that clashes with the wider industry. The Organization of ...
OPEC crude production rose by about 400,000 barrels per day (bpd) in August, reaching 28.55 million bpd, according to a Bloomberg survey published on Wednesday. Saudi Arabia accounted for just over ...
OPEC bolstered crude production last month as the group and its allies continued to revive halted supplies, according to a Bloomberg survey. The Organization of the Petroleum Exporting Countries ...
OPEC kept its oil demand and economic growth forecasts unchanged even as the group and its allies prepare to boost production again in October, reinforcing a strategy aimed at preserving market share.
That was the question Macquarie strategists, including Walt Chancellor, asked in an oil and gas report sent to Rigzone by the Macquarie team on Monday. “As a long-term strategy, we think not,” the ...
HSBC analysts, including Kim Fustier, HSBC's Senior Global Oil and Gas Analyst, said they are 'skeptical that OPEC+ will pause or reverse quota increases'. Image by Eva Almqvist via iStock In a ...
The Organization of the Petroleum Exporting Countries left its oil-demand forecasts unchanged after agreeing to raise production again next month, doubling down on its strategy shift in a push for ...
[Stay on top of transportation news: Get TTNews in your inbox.] OPEC bolstered crude production last month as the group and its allies continued to revive halted supplies, according to a Bloomberg ...
The Organization of the Petroleum Exporting Countries and its allies agreed to raise oil output further next month, despite broader concerns about a looming supply glut. After an online meeting Sunday ...
LONDON/MOSCOW/BAGHDAD, Sept 7 (Reuters) - OPEC+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share, while slowing the pace of increases ...
Oil prices rose on Monday despite OPEC+ confirming at its Sunday meeting that it will wind down more than 1 million barrels per day of extra voluntary cuts over the next two months. At 9:34 a.m. ET on ...
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