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Oil sector needs $14 trillion investments globally by 2045: OPEC

Oil sector needs $14 trillion investments globally by 2045: OPEC
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India , Guyana , Qatar , Haitham-al-ghais , Narendra-modi , India-union , India-energy-week-in-goa , Organisation-of-petroleum-exporting-countries-on , Secretary-general , Petroleum-exporting-countries , India-energy-week , Prime-minister-narendra-modi

Oil set for small weekly advance as Israel-Hamas risk lingers

Brent for December settlement climbed 0.6% to $86.52 a barrel.

Kremlin , Moskva , Russia , Singapore , Israel , Iran , Tehran , Oklahoma , United-states , Qatar , Texas , Gaza

Oil drops, poised to biggest weekly gains since early Oct - Business

Investors are very cautious now as the market is full of variables, say analysts.

China , United-states , Canada , Texas , Chinese , European-central-bank , International-energy-agency , Canada-tc-energy-corp , Jp-morgan-commodity-research , Organisation-of-petroleum-exporting-countries-on , Texas-intermediate

COVID-19 vaccination: OPEC projects increase in oil demand

COVID-19 vaccination: OPEC projects increase in oil demand
Published 1 June 2021
The Organisation of Petroleum Exporting Countries on Monday revised oil demand upwards following the progress in COVID-19 vaccination campaigns globally.
OPEC Secretary-General, Mohammad Barkindo, announced the review for the upward demand for oil while delivering his opening remarks at the 52nd meeting of the Joint Technical Committee during a video conference.
He said, “In terms of the oil market, a few developments are noteworthy. Largely as a result of the progress of the vaccination campaigns in certain regions, the secretariat has now revised up our global economic growth forecast for 2021, by 0.1 point to reach 5.5 per cent year-on-year.

Mohammad-barkindo , International-energy-agency , Technical-committee , Organisation-of-petroleum-exporting-countries-on , Petroleum-exporting-countries , Joint-technical-committee , International-energy , தொழில்நுட்ப-குழு , ஆர்கநைஸேஶந்-ஆஃப்-பெட்ரோலியம்-ஏற்றுமதி-நாடுகள்-ஆன் , பெட்ரோலியம்-ஏற்றுமதி-நாடுகள் , கூட்டு-தொழில்நுட்ப-குழு , சர்வதேச-ஆற்றல்