Tag: Oil Supply
Reduced Demand For Global Oil Supply May Be Permanent
Robert Minter, Investment Strategist at Aberdeen Standard Investments, explains the impact of the pandemic on the O&G sector worldwide and offers some predictions for...
Supply Crunch Or Oil Glut: Investment Banks Can’t Agree
In recent years, U.S. shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output...
OPEC Keeps Oil Output Same for 2013; Shale Oil Boom in...
The 163rd Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) convened in Vienna, Austria, on 31 May 2013, under...
OPEC provides above oil market needs
OPEC pumps 1.62 million bpd above target in April
Global demand growth in 2012 rises to 900,000 bpd
OPEC is currently producing enough oil to keep...
Crude oil forecasts raised
From a short-term perspective, supply disruptions eventually caused by geopolitical issues from Iran and Nigeria are expected to leave an upward bias on the price of crude oil for future delivery.