Tag Archives: REPI:TRANSPORT-FUELS

Oil rates get rid of 2022 gains as China’s demonstrations stimulate need fears

WTI strikes least expensive considering that Dec 2021, Brent at least expensive considering that Jan 2022 Clashes in Shanghai as COVID demonstrations flare throughout China Capitalists concentrate on following OPEC+ conference on Dec 4 Nov 28 (Reuters) – Oil rates was up to near their least expensive degrees this year on Monday as road demonstrations versus stringent COVID-19… Read More »

OPEC cuts 2022, 2023 oil demand progress view as financial system slows

Cuts 2022 demand progress to 2.64 million bpd from 3.1 mln bpd Nonetheless sees demand topping pre-pandemic stage in 2023 OPEC September output rises 146,000 bpd, led by Saudi LONDON, Oct 12 (Reuters) – OPEC on Wednesday reduce its 2022 forecast for progress in world oil demand for a fourth time since April and in addition trimmed subsequent… Read More »

OPEC+ sees greater 2022 surplus, dangers to grease demand progress

The brand of the Organisation of the Petroleum Exporting International locations (OPEC) sits exterior its headquarters forward of the OPEC and NON-OPEC assembly, Austria December 6, 2019. REUTERS/Leonhard Foeger Register now for FREE limitless entry to Reuters.com Register LONDON/MOSCOW, Aug 31 (Reuters) – The oil market will doubtless see a bigger-than-expected surplus this 12 months, OPEC+ mentioned in… Read More »