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Tag: opec
US Oil Exports to Europe Rebound as OPEC+ Cuts Supply
2020-07-27 11:00:00| OGI
Oil producers in the U.S. have boosted volumes, after curbing shale well output in the spring when prices collapsed.
Iraq Increases Oil Exports in July, Still Pumps above OPEC+ Target
2020-07-21 21:00:00| OGI
The July figures imply Iraq is still some way from fulfilling its OPEC+ pledges and is exporting far more than a July loading program indicated.
Tags: july
target
oil
increases
OPEC+ Set to Ease Record Oil Production Cuts from August
2020-07-15 15:00:00| OGI
OPEC and its allies, including Russia, have been cutting output since May by 9.7 million bbl/d, or 10% of global supply, after the virus destroyed a third of global demand.
Tags: set
august
record
production
OPEC Sees Oil Demand Soaring in 2021 But Still Below 2019
2020-07-14 21:35:00| OGI
OPEC expects to cover the lion's share of the massive projected oil demand spike in 2021 with demand for its crude rising by 6 million bbl/d to reach 29.8 million bbl/d.
OPEC Chief Barkindo Sees Oil Market Moving Closer to Balance Before Key Meeting
2020-07-13 19:05:00| OGI
An OPEC panel called the Joint Ministerial Monitoring Committee meets on July 15 to recommend the next level of oil production cuts.
Tags: key
market
meeting
balance
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