Tag: oil market
Crude oil futures edge higher, Brent pushes past $65
(S&P Global Platts) Crude oil futures edged higher during mid-morning trade in Asia March 30 as optimism over the OPEC+ coalition persisting with its...
Recovery of up to 1 million bpd of oil at risk...
The vaccine distribution cycle was not expected to be perfect, but the recent spike in cases in Europe, which some are calling the third...
Crude oil futures surge, ICE Brent May contract up almost 2%
(S&P Global Platts) Crude oil futures surged during the mid-morning trade in Asia March 1, with the oil market reversing the previous session's losses...
Is the world heading for a shortfall in global oil supply?
By Dean Foreman, Chief Economist at American Petroleum Institute
It’s possible we could be headed for a shortfall in global oil supply as soon as next...
100 million b/d global oil demand rebound likely by year end
(S&P Global Platts) Global oil demand is expected to recover to pre-pandemic levels of around 100 million b/d by the end of the year...
Oil edges up as U.S. production slowly returns after deep freeze
(Reuters) Oil prices rose on Monday as the slow return of U.S. crude output that was cut by frigid conditions raised concerns about supply...
Guyana growth trajectory set to add big barrels to global supply
The International Energy Agency (IEA) has joined the US Energy Information Administration in lowering its estimates for oil supply recovery following the global pandemic...
Brent edges past $60 to reach highest point in over a...
(Reuters) - Oil prices rose on Monday to their highest in just over a year, with Brent futures nudging past $60 a barrel, boosted...
Oil edges closer to $60
(Bloomberg) -- Oil rose toward $60 a barrel on expectations OPEC+ is committed to restraining global supplies even as the demand outlook improves.
Futures in...
Platts Analytics sees oil demand averaging 99.3 million b/d this year
(S&P Global Platts) Global oil demand will rebound by more than 6 million b/d in 2021 and return to 2019 levels a year later...