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Your search is now limited to «Oil Market» expert search. 09/21/2020 05:55
The competitive evaluation section includes key producers, recent players, providers, market strategies, ability chances, operation panorama, and evaluation of the traits of the Sandalwood Oil market.
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Big News Network (UAE) 09/18/2020 03:42
OPEC+ may hold extraordinary October meeting if oil market worsens - source.
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Seeking Alpha 09/17/2020 12:52
Crude oil production potential has been significantly damaged. VLCC floating storage situation has improved dramatically over the past several weeks.
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Sundaily (Asia) 09/17/2020 11:50
MOSCOW/LONDON/DUBAI: Opec+ could hold an extraordinary meeting in October if oil markets weaken further, Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday, according to an Opec+ source. Brent oil prices extended their gains to trade up 3% on the news, above US$43 per barrel. Prince Abdulaziz was speaking at a closed-door meeting of Opec and its allies, led by Russia, which pressed for better compliance with oil output cuts against the backdrop of falling crude prices as uncertainty reigns over the global economic outlook. The group, known as Opec+, warned that rising Covid-19 cases in some countries could curb energy demand despite initial indications of a decline in oil stocks, according to a draft press release and intern.
More from Sundaily (Asia): (India) 09/17/2020 10:53
OPEC+ could hold an extraordinary meeting in October if oil markets weaken further, Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday, according to an OPEC+ source.
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Platts 09/16/2020 21:51
In its latest monthly oil market report on Sept. 14, OPEC projected that 2020 oil demand would come in 400,000 b/d lower than it had predicted in August, while 2021 was revised down by about 770,000 b/d ...
More from Platts: 09/14/2020 13:00
Oil markets are spiraling downwards as bearish factors mount and sentiment shifts. One of these factors is the concerns over rising exports from OPEC+ in Q3, with the possibility of a total breakdown of the OPEC+ agreement. Another factor is the possibility of a Joe Biden election victory in the US, which could lead to the lifting of sanctions on Iran and the removal restrictions on Iranian crude oil exports. Joe Biden is ahead of Donald Trump in most national polls. Furthermore, the market has been weighed down by concerns that oil demand…
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