Solid demand in China, India, and Japan lifted global oil demand by 1.7 million barrels per day (bpd) in...
OilPrice.com | World Oil Demand Hit A 9-Month High In November
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Tag | Oil Supply
OilPrice.com | Russia Boosts Production While OPEC+ Considers Deeper Oil Output Cuts
With only 3 days to go until the EU ban on Russian seaborne crude imports gets implemented, Russian oil...
OilPrice.com | UAE To Cut Oil Supply To Asia By 5% In December
The United Arab Emirates (UAE) will lower its crude oil exports to some term contract customers in its key...
OilPrice.com | Is The Oil Market Really Broken?
“The oil futures market is completely broken. Moving down $10 in a day for no apparent reason,” tweeted hedge...
OilPrice.com | OPEC+’s Complains About Volatility, But Here’s What They Really Want
Numerous OPEC+ ministers have closed ranks over the last week to bemoan oil price volatility. Accusations of...
OilPrice.com | Are Iraq’s Ambitious Oil Production Goals Feasible?
Iraq is planning to increase its crude oil production to phased targets of 5 to 8 million barrels per day...
OilPrice.com | Oil Market Surplus Strengthens Case For New OPEC Output Cuts
This week, OPEC issued its Monthly Oil Market Report. It was released just hours after the IEA released its own...
OilPrice.com | Are Oil Prices Set For A Comeback?
Oil prices have given up in recent weeks all the gains they had made since the Russian invasion of Ukraine as...