While Big Oil companies like Exxon and Chevron are invested in OPEC countries, tensions arise as state-controlled production limits investor returns. The relationship between OPEC and Big Oil is ...
Investing.com - วันนี้ตลาดให้ความสนใจกับการประชุมของ OPEC คำกล่าวของเจ้าหน้าที่ทั้งจากธนาคารกลางยุโรป (ECB) ...
[Stay on top of transportation news: Get TTNews in your inbox.] OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century, an outlier view that ...
LONDON, Sept 10 (Reuters) - OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its expectation for next year ...
September 27, 2016. Oil prices rose modestly ahead of a meeting of producers from the Organization of the Petroleum Exporting Countries (OPEC) cartel and Russia in Algeria on September 28 that ...
OPEC cut its 2024 oil demand growth forecast to 2 million bpd. China's economic problems serve as the key catalyst for the weakness in oil markets. Oil prices may stay under material pressure in ...
OPEC+ has staved off an oil surplus this year by deciding to restrain production a little longer. But the temporary fix won’t hold back the supply glut awaiting global markets in 2025.
LONDON, Sept 2 (Reuters) - OPEC oil output fell in August to its lowest since January, a Reuters survey found on Monday, as unrest that disrupted Libyan supply added to the impact of ongoing ...
The Organization of the Petroleum Exporting Countries slightly cut its forecast for oil-demand growth after delaying its planned output hikes last week in a bid to support sinking prices. The ...
OPEC's recent decision to pause production increases has stabilized oil prices, demonstrating the group's ongoing influence on global markets. The US, despite being the world's top oil producer ...
(Bloomberg Opinion) -- OPEC is like a teabag – it only works in hot water. The late Robert Mabro, one of the savviest oil-market observers, liked to say the cartel only got the job done when it ...