Oil market

Crude Oil
Goldman Sachs Sees $105 Oil In 2023
Oil prices could hit $100 this year and rise to $105 per barrel in 2023, on the back of a “surprisingly large deficit” on the oil market now due to the much m…
Crude Oil
Oil Rallies Amid Worsening Unrest In Crude Producer Kazakhstan
Oil markets shrug off dip in U.S. gasoline demand
OPEC
UAE and Saudi Arabia Commit to Expand Co-Operation in Energy Projects
The countries also commended Opec+ for its role in stabilising the oil market.
Crude Oil
Top U.S. Shale Producer Worries Oil Prices could Run too Hot
Scott Sheffield, the chief executive of top U.S. shale producer Pioneer Natural Resources Co, on Tuesday said he worries oil prices could get too high and furth…
Crude Oil
Opec+ Brought Stability to Oil Markets Through Its Policies, Saudi Energy Minister Says
The group delivered ‘more sustainability and more predictability’ to energy markets
Crude Oil
Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels
OPEC leader Saudi Arabia dismissed calls for speedier oil output increases, saying its efforts with allies were enough and protecting the oil market from the wi…
Oil Price
Goldman Sachs Hikes Oil Price Forecast To $90
Tightening oil markets with robust demand recovery and disruptions to supply from Hurricane Ida prompted Goldman Sachs to hike its end-2021 oil price forecast t…
Crude Oil
Oil Rises After Opec+ Agrees to more Supply
Group's joint ministerial monitoring committee expects a surplus of 2.5 million bpd in 2022
Crude Oil
Zanganeh: Iran Prepared to Return to Int’l Oil Market
Iran is ready to return to the international oil market at the highest level when a political agreement is reached between Iran and the world powers, and the un…
Oman
Incident with Multiple Tankers in Gulf of Oman Raises Concerns in Oil Market
The status of at least four tankers in the Gulf of Oman is uncertain and another was reportedly hijacked by gunman believed to be from Iran.
OPEC
Till World Shifts to Green Energy, Split Between Saudi and UAE Won't End
It is not geopolitical relationship that will cause the two countries to part, but diverging perceptions of energy transition.
Crude Oil
U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021
Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020.
OPEC
OPEC+ Deadlock is Bad News for Oil Producers and Consumers, IEA Warns
The International Energy Agency on Tuesday warned that world oil markets are likely to remain volatile following a breakdown in talks between OPEC members and t…
Oil & Gas Trade
Saudi, Oman Call for Continued Oil Cooperation Between OPEC and Allies
Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market.
Crude Oil
Goldman Sachs: Oil Markets To See Deficit Of 5 Million Bpd By End 2021
The oil market will end 2021 in a deficit of 5 million bpd as demand grows by another 2.2 million bpd in the second half of the year

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Oil market

Goldman Sachs Sees $105 Oil In 2023

Oil Rallies Amid Worsening Unrest In Crude Producer Kazakhstan

UAE and Saudi Arabia Commit to Expand Co-Operation in Energy Projects

Top U.S. Shale Producer Worries Oil Prices could Run too Hot

Opec+ Brought Stability to Oil Markets Through Its Policies, Saudi Energy Minister Says

Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels

Goldman Sachs Hikes Oil Price Forecast To $90

Oil Rises After Opec+ Agrees to more Supply

Zanganeh: Iran Prepared to Return to Int’l Oil Market

Incident with Multiple Tankers in Gulf of Oman Raises Concerns in Oil Market

Till World Shifts to Green Energy, Split Between Saudi and UAE Won't End

U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021

OPEC+ Deadlock is Bad News for Oil Producers and Consumers, IEA Warns

Saudi, Oman Call for Continued Oil Cooperation Between OPEC and Allies

Goldman Sachs: Oil Markets To See Deficit Of 5 Million Bpd By End 2021