Post Tagged with: "Oil Market"
OPEC chief sees oil market moving closer to balance before key meeting
LONDON/DUBAI – The oil market is getting closer to balance as demand gradually rises, OPEC’s secretary general said on Monday, two days before the group and ally Russia meet to decide whether to ease output curbs from August.
The …
OPEC chief says oil market may have upside potential in 2020
Source: Reuters
VIENNA (Reuters) – The oil market outlook for next year may have upside potential, the secretary-general of producer group OPEC said on Tuesday, appearing to downplay any need to cut output more deeply.
The Organization of the Petroleum …
Bank of America Sees Oil Gains in 2019, but That Forecast is Far from Universal
From CNBC
- A year ahead outlook report from Bank of America Merrill Lynch expects Brent crude to regain its recent losses in 2019 and settle at $70 a barrel.
- But amid mounting global uncertainty on everything from trade and monetary
Oil Market Tightening: IEA Chief
From Reuters
NEW DELHI (Reuters) – Global oil markets could tighten towards the end of this year due to strong demand and uncertainty of production in some oil producing nations, the head of the International Energy Agency said.
“Definitely there …
