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OPEC Chief Mohammad Barkindo Provides Upbeat Ol Outlook

2021-06-07 23:15:00| OGI

While OPECs Barkindo noted that vaccine rollouts and the massive fiscal stimulus aided an upbeat outlook, uneven global vaccine availability, high inflation and continued COVID-19 outbreaks remain continued risks to oil demand.

Tags: chief outlook mohammad upbeat

 

Oil Prices Rally as OPEC+ Producers Agree Slow Supply Increase

2021-06-02 22:00:00| OGI

Cartel and its allies stick to plan to gradually lift production as demand improves.

Tags: increase prices supply agree

 
 

OPEC+ Likely to Stick with Current Supply Plan, Sees Orderly Iran Return

2021-06-01 11:31:30| OGI

OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting on June 1, OPEC sources said, as producers balance expectations of a recovery in demand against a possible increase in Iranian supply.

Tags: current plan return supply

 

Uncertain about Iranian Oil, OPEC+ Likely to Stick with Policy

2021-05-28 11:05:00| OGI

OPEC+ sources said there were no talks on amending oil output-cut levels for July, while two more said the producers should stick to their existing series of gradual output increases.

Tags: with policy oil stick

 

OPEC Says IEAs New Net-zero Stance Could Add to Oil Price Volatility

2021-05-21 11:20:00| OGI

The research division at OPEC, whose 13 members sit on 80% of the worlds crude oil reserves, produced an internal briefing document on the IEAs report, a copy of which was seen by Reuters.

Tags: add price oil stance

 

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