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Top News In ஆர்கநைஸேஶந் ஆஃப் தி பெட்ரோலியம் ஏற்றுமதி நாடுகள் ஓபெக் Today - Breaking & Trending Today

Oil prices fall on strong US dollar and supply concerns

Brent and WTI are on track for gains of about 20% this month ....

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Former Saudi oil minister Yamani, the face of 1973 oil embargo, dies at 90

The Straits Times
Former Saudi oil minister Yamani, the face of 1973 oil embargo, dies at 90
Sheikh Zaki Yamani had extricated the Saudi oil industry from the grip of American companies.PHOTO: PROF. JAMAL SANAD AL-SUWAIDI/TWITTER
PublishedFeb 23, 2021, 4:55 pm SGT
https://str.sg/JH9a
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Oil demand to bounce back this year, says report | Hellenic Shipping News Worldwide

Oil demand to bounce back this year, says report
The Covid pandemic led to oil demand contracting by 9-10 million barrels per day in 2020, but it is expected to rebound by 5-6 million barrels per day this year, a major symposium heard.
The pandemic has also led to a downward revision in long-term annual economic growth by as much as 0.8 percentage points in some outlooks, a high-level report noted.
The International Energy Agency (IEA), the International Energy Forum (IEF) and the Organization of the Petroleum Exporting Countries (Opec) hosted the 11th IEA-IEF-Opec Symposium on Energy Outlooks to examine the impact of the Covid-19 pandemic on global energy markets and the outlook for global energy security and market stability. ....

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Explained: How higher petrol, diesel prices impact you

Petrol is now retailing above Rs 90 per litre in all major cities including Delhi and is on the verge of crossing Rs 100 in major cities. It has already hit a century in some circles. Diesel, too, has climbed to levels never seen before in the country. Here is how it affects you: ....

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Oil demand to bounce back this year, says report

The Covid pandemic led to oil demand contracting by 9-10 million barrels per day in 2020, but it is expected to rebound by 5-6 million barrels per day this year, a major symposium heard. ....

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