News Formal

OPEC+ sees tighter market in 2022, risks to oil demand growth - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The oil market will have a small surplus of just 0.4 million barrels per day (bpd) in 2022, much less than forecast earlier, according to OPEC+, due to underproduction of its members, OPEC+ sources said.

The report comes days ahead of an OPEC+ policy meeting on Sept. 5 and over a week after OPEC leader Saudi Arabia said the group may cut oil output.

After the meeting the figure was put at 0.4 million bpd, two OPEC+ sources said as the group decided to include in balances significant underproduction numbers by its own members. Oil prices have been extremely volatile in recent weeks. While Prince Abdulaziz’s comments helped propel prices to a one-month high above $105 a barrel on Monday, Brent crude on Wednesday traded $10 a barrel below those levels, on expectations for lower demand.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 9. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Colliers sees gap in market for Region III industrial space - BusinessWorld OnlineColliers Philippines said the market for industrial space in Central Luzon (Region III) remains underserved relative to the region’s economic potential. READ:
Источник: bworldph - 🏆 9. / 68 Прочитайте больше »

T-bill bids rejected as market asks for higher rates - BusinessWorld OnlineTHE BUREAU of the Treasury (BTr) rejected all bids for its offer of Treasury bills (T-bills) as investors asked for higher yields as the US Federal Reserve chief said US rates could remain elevated for longer. READ
Источник: bworldph - 🏆 9. / 68 Прочитайте больше »