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2021-04-14 12:15:00

GLOBAL OIL DEMAND WILL UP BY 6 MBD

GLOBAL OIL DEMAND WILL UP BY 6 MBD

OPEC - 13 April 2021 - OPEC MONTHLY OIL MARKET REPORT

Oil Market Highlights

Crude Oil Price Movements

Spot crude prices rose for the fifth-consecutive month in March on the back of continuing supportive oil market fundamentals. The OPEC Reference Basket (ORB) increased $3.51 or…

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Earlier:

GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, April, 12, 10:38:47
OIL PRICE: NEAR $63 STILL
Brent was up 2 cents at $62.97 a barrel. WTI gained 1 cent to $59.49 a barrel.
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, April, 12, 10:20:00
OPEC+ OIL PRODUCTION UP 450 TBD
With the production gains, OPEC+ compliance with its quotas slipped to 111% in March, compared with 113.5% in February, juiced by Saudi Arabia voluntarily cutting an additional 1 million b/d since January.
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, April, 12, 10:15:00
U.S. OIL TAX BREAKS $35 BLN
Removing this specific tax measure could generate US$13bn over 10 years. Overall, eliminating fossil fuel subsidies could increase government receipts by US$35bn over 10 years.
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, April, 7, 10:35:00
OIL PRICES 2021-22: $65-60
EIA forecasts that Brent prices will average $65/b in the second quarter of 2021, $61/b during the second half of 2021, and $60/b in 2022.
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, April, 7, 10:25:00
GLOBAL GROWTH UP 6%: 2021
Global growth is projected at 6 percent in 2021, moderating to 4.4 percent in 2022.
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, March, 12, 11:55:00
GLOBAL OIL DEMAND WILL UP BY 5.9 MBD
For 2021, world oil demand is expected at 5.9 mb/d, to stand at 96.3 mb/d.
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, January, 27, 14:10:00
GLOBAL ECONOMY WILL UP 5.5%
The global economy is projected to grow 5.5 percent in 2021 and 4.2 percent in 2022.
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Tags: OIL, PRICE, DEMAND, SUPPLY, PRODUCTION, CONSUMPTION
Chronicle:
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, May, 12, 12:39:00
7th INTERNATIONAL LNG CONGRESS REVEALS THE BUSINESS PROGRAM
The 7th International LNG Congress will be held on the 7th-8th of June in Madrid, Spain. LNG supply potential in Europe, usage of alternative fuels, vehicles mobility, marine transportation and storage, politics and financing in the market, and small- and large-scale LNG projects will be the main topics of the Congress.
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, May, 12, 12:38:00
ELECTRICITY ECONOMICS IN CHANGING ELECTRICITY MARKETS 18 – 21 May 2021
Electricity Economics in Changing Electricity Markets LIVE ONLINE COURSE OVER 4 SESSIONS Commences: 18 May 2021 – 21 May 2021 (7am – 10am)
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, May, 12, 12:35:00
INDIA'S ENERGY STORAGE MARKET
Currently, renewables form 10% of India’s total power generation and that share will increase to 31% by 2030 with 450GW coming online.
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, May, 12, 12:30:00
DUTCH CARBON STORAGE $2.4 BLN
The government has said it will grant a total of 5 billion euros in subsidies in 2021 for technologies that will help it achieve its climate goals.
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, May, 12, 12:25:00
HYDROGEN ECONOMY & CCS
The gist of the technical case for CCS in a hydrogen economy is that, so long as fossil fuels are available and deliver a high energy return on energy invested (EROEI), it is inherently cheaper and more efficient to produce hydrogen from fossil fuels by reforming, rather than by electrolysis of water.
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, May, 12, 12:20:00
U.S. RIGS UP 8 TO 448
U.S. Rig Count is up 8 from last week to 448, Canada Rig Count is up 4 from last week to 55,
GLOBAL OIL DEMAND WILL UP BY 6 MBD
2021, May, 7, 15:00:00
OIL PRICE: NEAR $68
Brent fwere up 1 cent at $68.12 a barrel. WTI eased by 2 cents to $64.69.
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