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Tag: opec
Oil Prices Near 2018 Highs Ahead of OPEC+ Meeting
2021-06-28 11:10:00| OGI
Analysts expect OPEC+ to increase output by about 500,000 bbl/d in August, which is likely to support higher oil prices.
Tags: prices
meeting
oil
ahead
India Again Urges OPEC to Phase Out Oil Output Cuts
2021-06-25 11:15:00| OGI
Earlier this year, India repeatedly blamed oil output cuts by Saudi Arabia and other major producers for driving up crude prices as its economy tries to recover from the pandemic.
OPEC+ Discusses Further Easing of Oil Cuts from August
2021-06-22 15:05:57| OGI
No decision had been taken yet on the exact volume to bring back to the market, two OPEC+ sources said June 22.
Tags: august
oil
cuts
discusses
OPEC+ Will Need to Boost Output to Meet Oil Demand Recovery
2021-06-11 20:35:00| OGI
Meeting the restored oil demand is unlikely to be a problem, the IEA said, forecasting that OPEC+ will still have 6.9 million bbl/d of effective spare capacity after July.
OPEC Sticks to Forecast of Oil Demand Surge
2021-06-10 20:15:00| OGI
In a monthly report on June 10, OPEC said oil demand would rise by 6.6% or 5.95 million bbl/d this year.
Tags: oil
demand
forecast
sticks
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