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Tag: opec
OPEC+ Meets to Review Compliance with Oil Cuts
2020-08-19 15:39:38| OGI
OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, meets on Aug. 19 to review compliance with oil cuts meant to support oil prices amid the coronavirus pandemic.
Tags: review
oil
compliance
meets
OPEC+ Compliance with Oil Production Cuts Around 97% in July
2020-08-17 22:15:00| OGI
In August, OPEC+ eased its oil pruduction cuts to 7.7 million bbl/d from 9.7 million bbl/d previously, a record cutback, as demand partially recovered.
Tags: in
july
production
oil
OPEC Trims 2020 Oil Demand, Sees Doubts About 2021 on Virus Fallout
2020-08-12 15:55:48| OGI
World oil demand will fall by 9.06 million barrels per day (MMbbl/d) this year, OPEC said in a monthly report, more than the 8.95 MMbbl/d decline expected a month ago.
Russia Raises Oil Output as OPEC+ Cuts Ease
2020-08-03 15:16:48| OGI
Russian oil and gas condensate output increased to 9.8 million barrels per day (MMbbl/d) on Aug. 1-2 from 9.37 MMbbl/d in July.
End Game for Oil? OPEC Prepares for an Age of Dwindling Demand
2020-07-28 16:22:10| OGI
People are waking up to a new reality as the cartel may be forced to adjust.
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