Marketplace2d
Why OPEC is downgrading its demand forecast for the 3rd time in 3 months
​OPEC is now forecasting that demand for oil will grow more slowly than it had previously expected for the rest of this year ...
OPEC trims its China crude demand forecast, but nowhere near enough
OPEC cut its estimate for China's crude oil demand growth in 2024 for a third straight month in October, but the producer ...
What Investors Should Note From OPEC's Monthly Oil Market Report
Investors interested in the energy sector could benefit from focusing on resilient stocks like Diamondback Energy, ExxonMobil ...
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OPEC Ranks African Countries With Highest Oil Rigs, Scores Nigeria Low as Dangote Begins New Project
The Organisation of Petroleum Exporting Countries (OPEC) said Nigeria's crude oil exploration dipped by 6.7% as the country's ...
June Non-OPEC And World Oil Production
June Non-OPEC oil production increased by 106 kb/d to 52,549 kb/d. The largest increases came from Canada and Brazil while ...
How Saudi Arabia could create a crisis for Russia's economy
Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to curbing supply. That bodes ...
Kurdistan Says It Cut Oil Output 50% to Help Iraq Comply With Its OPEC Quota
Iraqi’s semi-autonomous region of Kurdistan has cut its oil production by half upon request from Baghdad, as the ...
Middle East Conflict Creates a Volatile Moment for Oil Markets
Israel and Iran are fighting at a time when prices are under pressure because of weak demand in China and concerns about ...