OPEC
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Petchems crude oil demand to slow in 2022 as non-OPEC production surges – IEA
LONDON (ICIS) – Global crude oil demand for petrochemicals will remain strong in 2021, but will slow significantly in 2022, the International Energy Agency (IEA) said ... -
OPEC predicts further growth in oil demand in the second half of 2021
Through Grant smith at 6/10/2021 Click to enlarge LONDON (Bloomberg) – OPEC has predicted that the recovery in global oil demand will intensify in the second ... -
Accelerating Oil Demand Will Reduce Global Congestion, OPEC Says
The rebound in global oil demand is expected to accelerate in the second half of 2021 as the world continues to burn off the supply glut ... -
Canadian oil industry bullish as prices rebound
Canada’s oil and gas industry is increasingly optimistic about its near-term future as economies recover and oil prices recover. Yet the industry faces growing challenges in ... -
Oil price rally in Oman gathers momentum to exceed $ 71 a barrel
Muscat: The rise in Oman’s oil prices continued on Wednesday on the Dubai Mercantile Exchange (DME) to reach $ 71.38. This includes an increase of $ ... -
Will Iraq’s $ 40 billion nuclear power bet solve its energy crisis?
Iraq is developing a $ 40 billion plan to build nuclear reactors as OPEC’s second-largest producer seeks to end continual blackouts amid power shortages, said Kamal ... -
Emirates news agency – OPEC Fund grants $ 10 million loan to Bank of Maldives to help revive tourism businesses
VIENNA, June 8, 2021 (WAM) – The OPEC Fund for International Development (OFID) has announced the signing of a US $ 10 million loan agreement with ... -
OPEC chief, amid optimistic oil outlook, predicts further decline in stocks in coming months
OPEC Secretary General Mohammad Barkindo delivers a speech in Vienna, Austria, November 5, 2019. Leonhard Foeger / Reuters OPEC and its allies expect oil stocks to ... -
Metals hit by taper talks as Opec gives oil a boost
Commodities traded mixed in the first week of June, with buying fatigue showing in both precious and industrial metals, while grains and especially the energy sector ... -
Energy Chamber Attends First High Level Meeting of OPEC-Africa Energy Dialogue
On June 2, 2021, OPEC, in collaboration with the African Energy Commission (AFREC), the African Organization of Petroleum Producers (APPO), the African Association of Refiners and ... -
“We’ll see $ 200 oil”: Russia, OPEC ministers blow up IEA’s Net Zero plan
After, in recent months, crude oil prices have clearly recovered from their COVID-19 collapse on steadily increasing demand, Russian Deputy Prime Minister Alexander Novak addressed the ... -
OPEC leaders mock IEA 2050 net zero roadmap
Through Dina Khrennikova and Olga Tanas at 3/6/2021 MOSCOW (Bloomberg) – The world’s largest petro-states have rejected calls for a rapid abandonment of oil and gas, ... -
The Energy Chamber joins the 1st high-level meeting of the OPEC-Africa dialogue on energy
June 2, 2021, OPEC, in collaboration with the African Energy Commission (“AFREC“), the African Petroleum Producers Organization (“APPO“), the Association of African Refiners and Distributors (“ARDA“), ... -
As demand for oil picks up, OPEC discipline will be tested
“THE ASKS the image showed clear signs of improvement. So said Abdulaziz bin Salman, Saudi Arabia’s energy minister, at a virtual meeting of the Organization of ... -
Full speech: speech by HE Dr Diamantino Pedro Azevedo at the 17th Ministerial Meeting of OPEC and non-OPEC countries
Excellencies, distinguished delegates, Welcome to 17 OPEC and no-OPEC Ministerial meeting. Let me begin by thanking His Royal Highness Prince Abdul Aziz Bin Salman, Minister of ... -
OPEC increases production, but that may not lower gas prices
GRAND RAPID, Mich. (WOOD) – OPEC on Tuesday confirmed plans to return more than 2 million barrels of crude per day of oil production over the ... -
Brent hits $ 70, OPEC meeting, strong Eurozone PMI data – What moves the markets
By Peter Nurse Investing.com – Brent exceeds $ 70 a barrel before the last OPEC meeting, stocks continue to push higher, the pound is showing more ... -
UK gasoline prices set to rise for seventh consecutive month | Gasoline prices
UK gasoline prices are expected to rise for a seventh consecutive month after hitting a two-year high over the weekend. The price of unleaded exceeded the ... -
Saudi Arabia pledged to meet India’s crude oil needs: Saudi envoy
NEW DELHI: Saudi Arabia, the world’s largest oil exporter, said on Sunday it was determined to meet India’s needs for petroleum products, a claim that came ... -
Saudi Arabia’s oil exports soar ahead of OPEC + meeting
After more than a year of volatility due to a pandemic and weak demand for oil, Saudi Arabia is currently experiencing an oil export boom. Saudi ... -
Saudi Arabia to provide more oxygen and containers to India
New Delhi: Saudi Arabia is shipping more medical oxygen and tankers to India to transport them as it increases aid to the nation battling the world’s ... -
Nigeria says it’s preparing for post-oil world
Africa’s largest oil producer Nigeria is making efforts to prepare its economy for a post-oil era, Ogbonnaya Onu, Minister of Science and Technology, said at a ... -
Take five: a looming workforce crisis?
FILE PHOTO: People line up outside a recently reopened career center for in-person appointments in Louisville, US April 15, 2021. REUTERS / Amira Karaoud 1 / ... -
Uncertain about Iranian oil, OPEC + should stick to its policy
By Alex Lawler, Ahmad Ghaddar LONDON (Reuters) – OPEC + is likely to stick to the current pace of gradual easing of oil supply at a ... -
Double Top Training Intact before OPEC meeting
Oil Price Talking Points Oil price rebounds from session low ($ 65.25) following larger-than-expected drop in US stocks, but double-top formation established earlier this month remains ... -
OPEC: Evaluate of the World Financial system
The yr 2020 has witnessed a rare and unprecedented flip of occasions that has had a adverse affect on the worldwide financial system. Whereas it appeared ... -
How China’s photo voltaic trade is designed to be the brand new inexperienced OPEC
Are you prepared to maneuver from dependence on international oil to dependence on China for photo voltaic panels? Getty That’s true. China is making ready to ... -
UAE oil resale exception: OPEC was dug under the waterline
The plans for Fujairah might dent OPEC. Photographer: Karim Sahib / AFP by way of Getty Photos Photographer: Karim Sahib / AFP by way of Getty ... -
As Oil Costs Rise, Outdated Opec Tensions Will Rise
(MENAFN – Khaleej Occasions) As members of the Opec oil cartel and its allies meet this week to debate the manufacturing adjustment, analysts count on the ... -
Squeeze on the pump Diminished OPEC provide, demand for vaccines cited as components in rising gasoline costs | Well being
March 13 – Owen Edwards stopped for gasoline on the Sheetz retailer within the Moxham neighborhood of Johnstown on Friday afternoon and lamented the cash he ... -
The Commodities Feed: OPEC sees stronger oil demand in 2H21
Vitality Yesterday, crude oil costs negotiated strongly on wholesome gasoline demand in america and a usually constructive OPEC report. The group now expects international oil demand ... -
The giants of the American shale trade vindicate OPEC with self-discipline
(Bloomberg) – Saudi Arabia’s wager that the golden age of American shale is over looks like a protected wager – at the least for now. A ... -
INSIGHT: OPEC screens value amid influence of Texas storm and Saudi assault
LONDON (CIHI) – OPEC and its accomplice international locations are anticipated to hesitate within the close to future after the cartel and its companions agreed final ... -
US shale prioritizes debt over drilling, as OPEC predicted
By Michael Tobin, David Wethe and Kevin Crowley certain 12/03/2021 Shale drillers skip debt funds earlier than digging a gap. HOUSTON (Bloomberg) – Saudi Arabia’s guess ... -
Russia sees dangers of skyrocketing non-OPEC oil manufacturing amid rising costs and provide shortfall
Russia sees a possible enhance in oil manufacturing by producers who should not a part of the OPEC + settlement as one of many uncertainties prevailing ... -
Crude oil hampered by OPEC demand outlook, gold value in sight of PPI knowledge
Gold Worth, Crude Oil, OPEC +, US PPI, Commodities Briefing – Speaking Factors: Crude oil costs are weak to short-term pullbacks following OPEC’s discount in demand ... -
India proposed, OPEC disposed ?
A vigilante is an strange citizen who decides to take cost of legislation enforcement with none authorized authority. Like most comedian ebook superhero characters, actually. However ... -
Oil returns on monitor as OPEC predicts increased consumption in second half
Kemp says US crude manufacturing should enhance to combat depletion: File Picture / PixaBay A weak we greenback and inspiring information of an financial restoration prompted ... -
Flip to vitality ETFs as OPEC anticipates enhancing oil demand
Higher prospects for financial development and oil demand might gas the beneficial properties of energy-related exchange-traded funds this yr. In response to the latest month-to-month report ...
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