China’s Going to Raise Oil Demand Next Year
China, the world's largest oil importer, is expected to increase oil demand by around 4% in the first half of ...
Tag: OPEC
OPEC+ Considers Additional Production Cuts
OPEC+, a group of oil-producing countries such as Saudi Arabia, is reportedly considering additional production cuts to respond to falling ...
Global Oil Demand to Rise This Year
China's oil demand reached a record high in September, and global oil demand will rise more than expected this year, ...
Oil Prices Hit New High in 70 Days
With the U.S. Energy Information Administration (EIA) predicting that global crude oil supply will fall slightly short of demand this ...
OPEC’s Influence on Energy Price is Declining
The OPEC's (Organization of the Petroleum Exporting Countries) influence, the resource cartel of oil exporters, is declining. The Wall Street ...
Russia is Unlikely To Be Excluded from OPEC+
Saudi Arabia and the United Arab Emirates (UAE) said they cannot exclude Russia from OPEC+, a consultative body of OPEC ...
How UAE Manages to Calm Oil Prices Down by 10%
International oil prices all plunged more than 10% on the 9th (local time). This can be attributed to the fact ...
Concerns on Oil Production Rise over Russia-Ukraine Tension Pt. 2
As the threat of Russia's invasion of Ukraine grows, there are concerns that international crude oil production will not be ...
Concerns on Oil Production Rise over Russia-Ukraine Tension
As the threat of Russia's invasion of Ukraine grows, there are concerns that international crude oil production will not be ...
Oil Prices Rose to 2 Months High on 12th
International oil prices rose to a two-month high on the 12th (local time) as supply continues to be tight due ...
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