Experts warn to imminent oil supply crunch
The latest oil market report from the IEA expects oil supply growth to slow to one million barrels per day. It forecasts global oil demand will increase by 1.9 milli...
Source: khaleejtimes.com
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Opec+ should get 'due recognition' for constructive role - News
Due recognition should be given for our constructive and positive role in supporting global market stability including to remind ourselves that the G20 and major con...
Saudi Arabia United States Al Ghais Haitham Al Ghais Saudi Energy Organisation Of Petroleum Exporting Countries Opec
Source: khaleejtimes.com
Demand surge to keep oil at $95 in 2023
Prospects for growth have improved on the demand side following the earlier-than-expected easing of Covid-19 containment measures in Mainland China, the rating agenc...
Source: khaleejtimes.com
The Commodities Feed: Russian products ban imminent
This weekend will see the EU ban on Russian refined products come into force. The market has had time to prepare for the ban, which is reflected in the
Saudi Arabia Las Bambas First Quantum Minerals Thai Sugar Millers Corp Us Department Of Energy Insights Global
Source: fxmag.com
After An Inventory Distribution Breakdown The Oil Price Witnessed A Sell-Off
The oil price has printed a fresh intraday low at $75.80 amid a risk-off market mood ahead of US NFP data. West Texas is auctioning in a markdown phase a
United States Inventory Distribution Texas Intermediate United States Nonfarm Payrolls Exponential Moving Average Relative Strength Index
Source: fxmag.com
Oil Prices Climb On OPEC+ Decision And Declining Dollar
Oil prices climbed on Wednesday following the OPEC+ decision to maintain production quotas and a weakening of the U.S. dollar.
Source: oilprice.com
OPEC+ To Leave Oil Production Quotas Unchanged
As expected, the Joint Ministerial Monitoring Committee of the OPEC+ group recommended making no changes to oil production quotas.
Vladimir Putin Tsvetana Paraskova Ministerial Monitoring Committee Joint Ministerial Monitoring Committee Saudi Crown Prince Mohammed Bin Salman Russian President Vladimir Putin
Source: oilprice.com
Eurozone inflation looks encouraging, but be careful interpreting the data
Headline inflation continues its fast decline and dropped to 8.5% in January, while core inflation remains stubbornly high at 5.2%. Lacking German input
Christine Lagarde President Christine Lagarde What Is Inflation Inflation Rate Inflation Definition Hat Does Inflation Mean
Source: fxmag.com
The Commodities Feed: OPEC+ meeting ahead
Commodity markets will be eagerly watching what the Fed decides at its FOMC meeting this week. For oil markets, no change in output policy is expec
Source: fxmag.com
Oz Minerals' Quarterly Copper Output Hit A Record High, Brent Futures Rose
Summary: Megacaps drove NASDAQ higher to outperform on Friday, and will be in focus this week as Apple, Amazon and Google report results. US PCE da
Source: fxmag.com