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Jun 3, 2024 · The Organization of the Petroleum Exporting Countries (OPEC) and its allies including Russia, agreed at a meeting on Sunday to extend the total of 5.86 million barrels per day (bpd) of...
Jun 11, 2024 · OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024, despite lower-than-expected use in the first quarter, saying travel and tourism would support...
Jun 11, 2024 · OPEC forecasts that world consumption will swell by 2.2 MMbpd this year — almost 50% higher than the rate anticipated a few months ago by Saudi Arabia’s state-run oil company. The organization...
Jun 12, 2024 · Oil 2024 looks beyond the short-term horizon covered in the IEA’s monthly Oil Market Report to provide a comprehensive overview of evolving oil supply and demand dynamics through to 2030. The report provides detailed analysis and forecasts of oil demand fundamentals across fuels, sectors and regions.
Jun 11, 2024 · OPEC forecasts that world consumption will swell by 2.2 million barrels a day this year — almost 50% higher than the rate anticipated a few months ago by Saudi Arabia’s state-run oil...
The extension of OPEC+ cuts through 3Q24 led us to reduce our forecast for OPEC+ oil production for the rest of 2024. We expect less OPEC+ production for the rest of this year will cause Brent prices to rise to an average of $85/b during the second half of 2024 (2H24).
Jun 11, 2024 · OPEC forecasts that world consumption will swell by 2.2 million barrels a day this year — almost 50% higher than the rate anticipated a few months ago by Saudi Arabia’s state-run oil...
