BP's chief economist sees oil market tightening by H2 2023

Nigeria News News

BP's chief economist sees oil market tightening by H2 2023
Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The global oil market will likely tighten in the second half of 2023 after the recent decision by OPEC+ to cut oil production, Spencer Dale, BP plc's chief economist said on Tuesday.

Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022.

Kacper PempelNEW DELHI, April 18 - The global oil market will likely tighten in the second half of 2023 after the recent decision by OPEC+ to cut oil production, Spencer Dale, BP plc'sThere is a scope for oil markets to tighten a little bit in case China's oil demand and its overall economy recovers, Dale told reporters in a press conference.

  • 📰 Reuters
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in NG
 

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines



Render Time: 2025-01-11 20:17:32