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2014-03-14 16:45:00

OPEC: SMALL UP

OPEC: SMALL UP

OPEC Monthly Oil Market Report:

World Economy
World economic growth for 2013 and 2014 remains at 2.9% and 3.5%, respectively. The 2014 forecast for the OECD is unchanged at 2.0%, compared to 1.3% in 2013. In contrast, China's growth for 2014 has been revised down slightly to 7.6%, just below estimated 2013
growth of 7.7%. India's forecast remains at 5.6% for 2014 and 4.7% for 2013. The ongoing trend of accelerating economic growth in the OECD amid a slowdown in emerging economies has been confirmed by the latest data.

World Oil Demand
World oil demand growth for 2013 was revised up by 70 tb/d to stand at 1.05 mb/d. Upward revisions were seen in OECD Americas and Europe, reflecting stronger-thanexpected…

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Tags: OPEC, OIL, WORLD, ECONOMY, MARKET, DEMAND, SUPPLY
Chronicle:
OPEC: SMALL UP
2019, June, 24, 12:30:00
OIL PRICE: NEAR $65 YET
Brent crude futures rose 0.7% to $65.66 per barrel, near Friday’s three-week high of $65.76, while U.S. crude futures were up 1.1% at $58.07, standing at its highest in over three weeks.
OPEC: SMALL UP
2019, June, 24, 12:25:00
COOPERATION IS IMPORTANT
“Today, more than ever, international cooperation is important,” Novak said in a speech at an energy forum in the Russian city of St Petersburg.
OPEC: SMALL UP
2019, June, 24, 12:20:00
RUSSIA WILL HELP IRAN
Iran and Russia already have a deal whereby Iran sells 100,000 b/d of crude oil to Russia and receives 50% of the value in cash and 50% in equipment.
OPEC: SMALL UP
2019, June, 24, 12:15:00
U.S. OIL PRODUCTION 12.2 MBD
U.S. crude oil production reached a new all-time high of 12.2 million barrels per day (mb/d) in May 2019
OPEC: SMALL UP
2019, June, 24, 12:10:00
6 UNDERVALUED ENERGY STOCKS ANEW
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
OPEC: SMALL UP
2019, June, 24, 12:05:00
GREEN ENERGY CONGRESS JUNE 2019
GREENENERGY - We take an immense pleasure to extend our warm welcome to invite all the participants from all over the world to attend 7th World Congress and Expo on Green Energy during June 24-25, 2019 Barcelona, Spain
OPEC: SMALL UP
2019, June, 24, 12:00:00
COAL PRICES DOWN
Prices for benchmark premium Australian coal out of Newcastle hit their weakest since September 2016 last week at $70.78 per ton and are likely to fall further given a slowing global economy.
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