Highlights Birol urges ‘good’ response at next OPEC+ meeting March 31 Japanese PM latest to talk with Saudi crown prince on output Birol says countries need to show they are Continue Reading
The OPEC Monthly Oil Market Report (MOMR) for March 2022 was published this week. The last month reported in each of the charts that follow is February 2022 and output Continue Reading
OPEC leaves oil demand growth forecast unchanged in its latest MOMR. War in Ukraine, quickly rising inflation may have an impact on short-term crude demand. The cartel still expects world Continue Reading
Kpler’s lead Americas oil analyst shares his thoughts. According to Matt Smith, Kpler’s lead Americas oil analyst, OPEC’s meeting at the end of the month is unlikely to yield any Continue Reading
Energy prices have skyrocketed since the beginning of Russia’s assault on Ukraine, and analysts expect them to continue rising. The United States has banned all imports of Russian energy, and Continue Reading
Russia is estimated to have increased its crude oil production by 0.2 percent in February compared to January, but it is still likely more than 130,000 barrels per day (bpd) Continue Reading
OPEC+ will likely stick to modest oil output rises when it meets on Wednesday, officials said, as OPEC heavyweights Saudi Arabia and the United Arab Emirates (UAE) recommit to their Continue Reading
OPEC’s oil production increased last month by the most since July as conflict-torn Libya restored disrupted exports, and others delivered scheduled increases. The Organization of Petroleum Exporting Countries bolstered supplies Continue Reading
The Ukraine crisis could have an unexpected impact on the OPEC+ integrity. The Arab world has thus far not taken a position in the Ukraine crisis. Putin’s strategic moves during Continue Reading
Highlights MBS discusses Ukraine crisis’ energy impact in call with France’s Macron Saudi Arabia keen to maintain stable, balanced oil market, MBS says OPEC ministers have said no need to Continue Reading
