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OPEC Chief Says Renewable Energy Shift Increasing Gas Prices
2021-09-22 16:47:00| OGI
Gas prices in Europe have surged as much as 280% so far this year.
OPEC+ Struggles to Pump More Oil to Meet Rising Demand
2021-09-21 15:28:35| OGI
The inability of some members to raise output to agreed levels suggests a supply gap could develop in the coming months.
OPEC Expects Delta Variant to Delay Oil Demand Growth
2021-09-13 15:26:20| OGI
"The increased risk of COVID-19 cases primarily fueled by the Delta variant is clouding oil demand prospects," OPEC said in its latest report.
OPEC Set to Revise Down 'Optimistic' Oil Demand Outlook, Sources Say
2021-09-10 15:56:49| OGI
OPEC is set to release a report next week with downward revisions of demand outlook due to the spread of the Delta variant.
OPEC+ Sticks to Gradual Oil Output Hikes, Ups Demand Forecast
2021-09-01 19:54:09| OGI
OPEC+ has agreed to release 400,000 bpd to the market in October again, after already doing so in September.
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