Global oil

Crude Oil
Demand for OPEC Oil Falls to 30-Year Low
The sharp contraction in global oil demand amid lockdowns and stalled industrial activity will lead to the lowest demand for OPEC crude in more than thirty year…
Crude Oil
Opec+ Plans to Cut Output by 20mn bpd: Trump
Top global oil producers are considering slashing output by 20mn barrels a day under the terms of a deal to boost prices, US President Donald Trump said on Mond…
Oil Price
G-20, OPEC Working to Rebalance Oil Market
Energy Ministers of G-20 have arrived at a decision to rebalance global oil markets hit hard by the coronavirus pandemic.
Crude Oil
Global Oil Producers Agree On Joint 10 Million Bpd Output Cut
OPEC has succeeded. On Thursday, the OPEC++ group agreed, in principle, to cut 10 million bpd in oil production, according to media. But will it be enough? Toda…
Crude Oil
OPEC’s Plan To Take Over The Global Oil Industry
The first three months of 2020 have shocked the global energy market to its foundations.
Oil Price
Russian Oil Firms Ready To Agree To A Production Cut Deal
With oil prices below Russia’s budget breakeven and with over 20 percent of global oil demand wiped out by the coronavirus pandemic, Russian oil firms could be…
Oil Price
Coronavirus: Oil Prices Rise on Hopes of a Price War Truce
Global oil prices have risen after Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their price war.
Market Analysis
Covid-19 Triggers 20% Drop in Oil Demand
The outbreak of covid-19 could have a major impact on global oil demand.
Crude Oil
Global Oil Demand Forecast to Fall by 4.9 Million Barrels Per Day in 2020: Rystad
Global oil demand could fall by as much as 4.9 million barrels per day (bpd), or by about 4.9 per cent, in 2020 due to the coronavirus outbreak, Norway's bigges…
Asia Pacific Petroleum Conference
The Asia Pacific Petroleum Conference is the meeting place for the global oil industry and will deliver market-driven discussions from industry powerhouses, mix…
Oil & Gas Trade
IEA: Oil Demand To Drop For First Time Since 2009
Global oil demand is set to drop this year for the first time since the financial crisis in 2009, the International Energy Agency (IEA) said on Monday, as it sl…
Crude
Coromavirus Now Poised to Wipe Out Most of 2020 oil Demand Growth, No OPEC Cure in Sight
The spread of coronavirus continues to deepen the severity of the blow to global fuels demand. Rystad Energy now expects more than half of global oil demand gro…
Oil Price
Wall Street Oil Outlook Crumbles as Goldman Sees Contraction
Goldman Sachs Group Inc. became the first major Wall Street bank to anticipate that global oil demand will contract in 2020 for only the fourth time in nearly 4…
Crude
Russia: Coronavirus Impact On Oil Is Worse Than Expected
Russia continues to refuse to announce its position regarding deeper cuts by the OPEC+ coalition, but admitted that the coronavirus outbreak could lead to addit…
Crude
Coronavirus Punches Hole In Oil Market That OPEC Can’t Fix
The coronavirus epidemic is a black swan that has severely disrupted the outlook for the global oil market, and at this moment it remains unclear how large the …

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Global oil

Demand for OPEC Oil Falls to 30-Year Low

Opec+ Plans to Cut Output by 20mn bpd: Trump

G-20, OPEC Working to Rebalance Oil Market

Global Oil Producers Agree On Joint 10 Million Bpd Output Cut

OPEC’s Plan To Take Over The Global Oil Industry

Russian Oil Firms Ready To Agree To A Production Cut Deal

Coronavirus: Oil Prices Rise on Hopes of a Price War Truce

Covid-19 Triggers 20% Drop in Oil Demand

Global Oil Demand Forecast to Fall by 4.9 Million Barrels Per Day in 2020: Rystad

Asia Pacific Petroleum Conference

IEA: Oil Demand To Drop For First Time Since 2009

Coromavirus Now Poised to Wipe Out Most of 2020 oil Demand Growth, No OPEC Cure in Sight

Wall Street Oil Outlook Crumbles as Goldman Sees Contraction

Russia: Coronavirus Impact On Oil Is Worse Than Expected

Coronavirus Punches Hole In Oil Market That OPEC Can’t Fix