Energy Industry Experts Converge On Asia's Biggest Oil Conference
Just days after oil prices hit their highest level this year, energy industry experts are meeting at the Asia Pacific Petroleum Conference.
Source: oilprice.com
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Saudi Arabia's Oil Exports Plunge To March 2021 Lows
Saudi Arabia’s oil exports plunged in August to levels not seen since March 2021, with the Kingdom exporting just 5.6 million bpd.
Source: oilprice.com
Tighter Oil Market Supports Prices
With supply tightening, the key question for the oil market now is whether China would pull off a true economic rebound to prop up sentiment and meet demand expectations
Source: oilprice.com
$70 Or $100? Analysts At Odds Over Oil's Next Move
Despite OPEC+'s decision to extend current cuts through 2024 and Saudi Arabia's voluntary production cut, oil prices remain uncertain as the market focuses more on demand concerns and slower economic recovery than on supply deficits.
Source: oilprice.com
Will China's Oil Demand Disappoint This Year?
China is expected to account for over 1 million bpd of the estimated 1.9 million-bpd global oil demand growth this year, but if China’s demand growth disappoints, it could severaly impact the global balance in oil markets
Source: oilprice.com