oil supply

Business
14/11/2023
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OPEC’s boosted global demand forecasts dampen concerns, fuel oil price surge
The report comes ahead of the scheduled meeting of OPEC+ on Nov. 26 In anticipation of the upcoming meeting of…
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Business
12/10/2023
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Global oil supply increased by 270 thousand barrels per day in September
Global oil production increased by 270 thousand barrels per day in September compared to the previous month, reaching 101 million…
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Business
04/04/2023
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Fitch: There may be a supply gap in the oil market
The decision to cut production by OPEC+ countries is expected to create a supply deficit in the oil market in…
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Business
10/02/2023
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US revises 2023 oil price forecast upwards
The U.S. Energy Information Administration (EIA) revised its oil price forecast upwards for this year, with the prediction that demand…
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Business
21/06/2022
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Russia becomes China’s largest oil supplier
World’s biggest crude oil importer country purchased about 8.42 million tonnes of crude oil in May, up 55% from May…
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Business
08/03/2022
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Fuel giant Shell withdraws from Russia
Shell will reportedly withdraw from its participation in all Russian hydrocarbons, including crude oil, petroleum products, natural gas and liquefied…
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