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Tag: opec
Oil Prices Hit One-month High as IEA, OPEC Raise Forecasts
2021-04-15 11:10:00| OGI
Supply discipline and rebounding economies are set to give oil a chance to break out of the recent range, Goldman Sachs analysts said in a report.
OPEC Raises Oil Demand Growth Forecast on Hope Pandemic Wanes
2021-04-13 20:30:00| OGI
The upward revision marks a change of tone from previous months, in which OPEC has lowered oil demand forecasts because of continued lockdowns.
OPEC+ to Gradually Ease Oil Output Cuts from May
2021-04-01 18:35:00| OGI
A few days before the April 1 meeting, OPEC+ delegates had said the group would likely keep most existing oil output cuts in place. But in the 24 hours before the meeting started, sources said discussions had shifted to a possible output increase.
US Energy Secretary Jennifer Granholm Calls Saudi Energy Minister Ahead of OPEC Meeting
2021-04-01 11:20:00| OGI
The call by U.S. Energy Secretary Jennifer Granholm was the first call to Saudi Arabia from a U.S. official ahead of an OPEC meeting since U.S. President Joe Biden took office.
Tags: energy
meeting
calls
ahead
OPEC+ Lowers Oil Demand Growth Forecast Ahead of Meeting
2021-03-31 11:15:00| OGI
The Joint Technical Committee of OPEC+, which advises the group of oil-producing nations that includes Saudi Arabia and Russia, met on March 30 ahead of a ministerial meeting on April 1 to decide output policy.
Tags: meeting
growth
oil
demand
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