OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
OPEC production is covered in a separate post. Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for oil-producing countries. The charts are ...
However, revised projections from OPEC reflect a slowdown in oil demand growth, particularly due to economic uncertainty in ...
The Invesco DB Oil Fund ETF offers exposure to WTI oil futures market. Click here to find out the reasons why to pick and why ...
US tells allies to halt Iran oil imports The impact of Iran sanctions - in charts ... production capacity. It is expensive," a Saudi official told the paper. Mr Trump has repeatedly criticised ...
The recent decision by OPEC+ to delay a planned production increase has provided ... sector drive this volatility. The daily chart for WTI oil shows that the price trades within a descending ...
Oil had risen in recent sessions after reports said the cartel was considering such a move, due to pressure on oil prices ...
Each week, CK and I lead off with a bitcoin chart to ... to reduce their oil production quota by 2 mbd. However, this comes as they are currently producing 3.6 mbd below their current quota. Under the ...