Tag: oil demand

Nuttall Predicts An 8-year Low in Crude Inventories This Year

Julianne Geiger writes for Oil Price on Crude Inventories To Sink To 8-Year Low This Year according Nuttall. Inventories of crude oil Inventories of crude oil...

Oil Prices Remain Steady As Traders Brace For Tighter Supply

Crude oil prices were little changed at the start of the week—and the second half of the year—as traders brace up for tighter supply. Demand...

Tankers To Ride Oil Demand Growth

The tanker market’s medium-term momentum remains positive after the latest round of reports. In its latest weekly report, shipbroker Gibson said that “last week...

Gibson Tanker Market Report

More With Less The US oil sector is recovering but facing challenges, with a focus on oil rig counts as an indicator of industry health....

Oil Prices To Ascend After China Eases Its Covid Conundrum

Dan Yergin expects oil at $90 in 2023 but says there’s a chance it could go as high as $121 when China fully reopens,...

China Fuel Demand Outlook Brightens As COVID Curbs Ease

Road and air traffic in China, the world's second-biggest oil consumer, has rebounded sharply after a significant easing in the country's COVID-19 restrictions, boosting...

Are We Ready To Replace Oil, Or Should We Be ‘Worried’...

Global oil supply fundamentals remain tight: Nasser Aramco spare capacity targets on schedule Blames 'shaming' of oil and gas investments Amin Nasser, CEO of...

Asia Looks For Answers On Oil Demand Revival, Russian Flows, Energy...

China's oil demand to fall 305,000 b/d in 2022 Asia may witness more than 1 million b/d demand growth in 2023 Russian oil...

Oil Sell-Off Driven By ‘Erroneous Signals’ in Markets?

Opec said the recent oil sell-off was the result of “erroneous signals” as the cartel pushed back against predictions that slowing economic growth and...

OPEC Lowered Its Oil Demand Citing Slower Economic Growth

Call on OPEC crude oil to hit 30 mil b/d in Q4 Global GDP outlook cut to 3.9% for 2022 COVID-19 in China...
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