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1. tradingeconomics.com › opec › calendarOPEC Calendar of Meetings and Reports - TRADING ECONOMICS

   tradingeconomics.com › opec › calendar

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   Calendar of Events, Meetings and Reports for the Organization of the Petroleum Exporting Countries, also known as OPEC. This page was last updated on Friday, November 29, 2024.

2. oilprice.com › Energy › Crude-OilDoes OPEC Still Hold Sway Over U.S. Oil Markets?

   oilprice.com › Energy › Crude-Oil

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   Sep 13, 2024 · The US, despite being the world's top oil producer, is still significantly impacted by OPEC's decisions due to the group's control over nearly half of global oil production and the majority of...

3. www.forbes.com › sites › jasonschenkerOPEC Could Extend Production Cuts To Support Oil Prices - Forbes

   www.forbes.com › sites › jasonschenker

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   1 day ago · OPEC+ is scheduled to meet in early December 2024 to set oil production targets. The meeting comes at a challenging time for oil producers, as a confluence of factors is weighing on oil prices,...

4. www.opec.org › OPEC_MOMR_January-2024Feature article: Oil market outlook for 2025 - OPEC

   www.opec.org › OPEC_MOMR_January-2024

   forecast for 2024 remains at 4.8%, with economic growth forecast for 2025 at 4.6%. India’s economic growth forecast remains at 5.9% for 2024, expanding further to 6.1% in 2025.

5. money.usnews.com › investing › newsOPEC Cuts 2024, 2025 Global Oil Demand Growth View Again

   money.usnews.com › investing › news

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   Oct 14, 2024 · On Monday, OPEC in a monthly report said world oil demand will rise by 1.93 million barrels per day (bpd) in 2024, down from growth of 2.03 million bpd it expected last month.

6. www.reuters.com › business › energyExplainer: How will OPEC's production cut affect US gasoline ...

   www.reuters.com › business › energy

   Apr 4, 2023 · Saudi Arabia and other OPEC+ oil producers announced over the weekend they would launch deep oil production cuts starting next month, a surprise move that sent oil prices surging.

7. People also ask

   Could OPEC+ extend oil production cuts in early December 2024?

   • They could extend oil production cuts at a meeting in early December. OPEC building in Vienna, Austria. OPEC+ is scheduled to meet in early December 2024 to set oil production targets.

   OPEC Could Extend Production Cuts To Support Oil Prices

   www.forbes.com/sites/jasonschenker/2024/11/30/opec-could-extend-production-cuts-to-support-oil-prices/

   See all results for this question

   When will OPEC+ meet?

   • OPEC building in Vienna, Austria. OPEC+ is scheduled to meet in early December 2024 to set oil production targets. The meeting comes at a challenging time for oil producers, as a confluence of factors is weighing on oil prices, including high interest rates, a strong dollar, weak global manufacturing, and tepid global growth rates.

   OPEC Could Extend Production Cuts To Support Oil Prices

   www.forbes.com/sites/jasonschenker/2024/11/30/opec-could-extend-production-cuts-to-support-oil-prices/

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   What is the OPEC supply forecast for 2024?

   • ing. Source: OPEC.Balance of supply and demand in 2024Based on the initial world oil demand and non-OPEC supply forecast for 2024, demand for OPEC crude is expected to reach 30.2

   Feature article: The outlook for the oil market in 2024 - OPEC

   www.opec.org/opec_web/static_files_project/media/downloads/publications/OPEC_MOMR_July_2023.pdf

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   What is the outlook for non OPEC oil supply in 2025?

   • gins, mostly in China and the Middle East. Non-OPEC oil supply in 2025 is forecast to grow by 1.3 mb/d, y-o-y, supported by exp cted healthy demand and upstream investment. Oil and gas upstream CAPEX investment in non-OPEC ountries is expected at around $473 billion. This is slig

   Feature article: Oil market outlook for 2025 - OPEC

   www.opec.org/opec_web/static_files_project/media/downloads/publications/OPEC_MOMR_January-2024.pdf

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   How much oil did OPEC produce in June 2023?

   • 024 = Forecast.Source: OPEC.OPEC crude oil productionAccording to secondary sources, total OPEC-13 crude oil production av raged 28.19 mb/d in June 2023, higher by 91 tb/d m-o-m. Crude oil output increased mainly i 28,85429,099 28,822 28,27128,530 28,099 28,18991Notes: Totals may not add up due to independ nt rounding,

   Feature article: The outlook for the oil market in 2024 - OPEC

   www.opec.org/opec_web/static_files_project/media/downloads/publications/OPEC_MOMR_July_2023.pdf

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   Does OPEC still matter?

   • As long as OPEC controls nearly half of the world’s oil production and holds the majority of proven reserves, its decisions will continue to impact oil markets worldwide, including in the U.S. Understanding this dynamic is key to recognizing why OPEC’s actions still matter, even in an era of U.S. energy independence.

   Does OPEC Still Hold Sway Over U.S. Oil Markets?

   oilprice.com/Energy/Crude-Oil/Does-OPEC-Still-Hold-Sway-Over-US-Oil-Markets.html

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8. www.opec.org › opec_web › static_files_projectFeature article: The outlook for the oil market in 2024 - OPEC

   www.opec.org › opec_web › static_files_project

   The main drivers of liquids supply growth for 2023 are expected to be the US, Brazil, Norway, Canada, Kazakhstan and Guyana, while the decline is expected in Russia. There remain mainly uncertainties related to US shale oil output potential and unplanned maintenance in 2023. For 2024, non-OPEC liquids production is expected to grow by 1.4 mb/d.