Oil Markets Await Opec-Plus Response

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Oil prices fell slightly Thursday, as investors eyed how major producers respond to the US-led emergency oil release designed to cool the market and with Opec now expecting the release to swell inventories.

Oil Supply, Crude Oil, Oil Demand, Opec-Plus Supply
Wanda Ad #2 (article footer)
Iraq says it has sweetened terms for two upstream bid rounds as it emerged that China's Sinopec is abandoning a gas development contract it was awarded in 2021.
Tue, Oct 3, 2023
The UAE's energy minister Souhail al-Mazrouei said his country won't seek a further increase in its Opec-plus production baseline before 2025.
Mon, Oct 2, 2023