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Iraq Flags Oil Project Delays, Sees Recovery Next Year

2020-10-21 11:10:00| OGI

The Iraqi oil minister said he expects Iraq will raise its oil production capacity to 7 million bbl/d in the next five to six years, from around 5 million bbl/d now.

Tags: year project oil recovery

 

IEA: Except for China, Oil Demand Recovery Slow for Rest of 2020

2020-09-15 16:35:48| OGI

Chinas COVID recovery has pushed its economy but the rest of the world lags.

Tags: of china rest oil

 
 

PATH FORWARD: Grant Thorntons Bryan Benoit Talks Oil Industry Recovery

2020-07-30 11:30:00| OGI

After a rough second quarter that included a historic collapse in oil prices, Bryan Benoit, a principal at Grant Thornton Financial Advisors who also leads the firms energy advisory practice, says hes starting to see green shoots ahead for the industry.

Tags: industry forward path oil

 

Eyeing Recovery: Oil Sector Trends Indicate Improvement

2020-06-25 21:01:33| OGI

But expect volatility as oil producers tame supply but wrestle with demand.

Tags: oil sector improvement trends

 

Oil Price Structure Signals Global Market Recovery

2020-06-19 22:00:00| OGI

The new oil price structure marks a turnaround from earlier when the coronavirus outbreak had pushed oil prices into the opposite structure, when prompt prices fell below forward prices, known as contango.

Tags: price market global structure

 

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