Reading Time: 4 minutes World oil demand is significantly weaker than widely perceived
Tag: World economy
The future price of crude oil still uncertain
Reading Time: 4 minutes International Energy Agency (IEA) is warning of higher oil prices in the second half of the year, but …
OPEC+ decision to cut output sends a political message to Washington
Reading Time: 4 minutes Riyadh is no longer willing to toe Washington’s line and its interests now reign supreme
The oil sector has its swagger back
Reading Time: 4 minutes Energy security is now the phrase on everyone’s lips and yesterday’s villains are today’s saviours
IEA raises global oil demand forecast again
Reading Time: 4 minutes Set to average a record 101.9 million barrels per day, up by two million bpd from 2022
Russian oil reaching U.S. via India
Reading Time: 4 minutes India is shipping 89,000 barrels of gasoline and diesel to the U.S. daily
Russia resistant to economic pressure imposed by sanctions. For now
Reading Time: 4 minutes Could easily employ sanctions-avoiding mechanisms perfected by Iran
Forecast calls for a strong recovery in crude oil demand
Reading Time: 3 minutes Thanks mainly to China finally emerging from its Covid-19 lockdowns
Oil price forecast for 2023 all over the map
Reading Time: 4 minutes The price of oil could end up anywhere between US$70 to US$121
Moscow launches opening salvo in defiance of oil price cap
Reading Time: 4 minutes Could reduce its daily oil output by as much as seven per cent over the next few weeks