Commodities like oil, natural gas ... caught off guard by a significant shortfall in non-OPEC supply growth. As clearly illustrated in the chart below (courtesy of Mike Rothman at Cornerstone ...
Recall, energy was broadly under pressure from 2H14 until oil prices bottomed in February 2016 at $26 per barrel as OPEC ... chart below plots year-over-year distribution changes since 2007 from ...
The 1973 OPEC oil crisis showed Europeans the dangers of overdependence on ... increased imports from Norway’s blooming gas fields and LNG. Check any multi-year chart tracking the U.S. natural gas ...
OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping ...
The decision ... formally paves the way for the participation of Brazil as a Member of the Charter of Cooperation between oil producing countries', OPEC highlighted. Image by gladder via iStock In ...
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...
Oil was steady after the OPEC report was released with Brent crude maintaining its earlier gains, trading above $70 a barrel. Also in the report, OPEC kept its forecasts for the growth in world ...
The Organization of the Petroleum Exporting Countries stuck to its oil-demand forecast as it prepares to start raising output next month despite broader concerns over the wider economic growth ...
Other African OPEC members include Congo, Gabon, Equatorial Guinea, and Libya. He emphasised Africa’s significant oil reserves, with proven reserves amounting to approximately 120 billion barrels.
Output target as announced by the countries making voluntary cuts, or as announced by OPEC. Excludes Iraq compensation plan for ... Venezuelan data includes upgraded synthetic oil. Nigerian crude ...
We encourage all potential investors to look at Nigeria’s oil and gas industry,”. Al-Ghais highlighted the strong and enduring relationship between OPEC and Africa, noting that half of OPEC ...
MOSCOW (Reuters) - Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data showed on Wednesday.
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