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oil supply

Oil volatility returns
BR Research

Oil volatility returns

Nothing much had changed in the physical market for Brent oil to return losses for seven straight sessions earlier...
Published 26 Aug, 2021 07:35am
Oil rebalancing
BR Research

Oil rebalancing

After stabilizing, oil seems to be entering a stronger phase or maybe its learning to live with the pandemic; not...
Published 01 Jun, 2021 07:35am
Iran again boosts OPEC oil output in April
Markets

Iran again boosts OPEC oil output in April

  • OPEC April output rises 100,000 bpd from March.
  • Compliance with OPEC+ cut pledges slips to 123%.
  • Iran posts OPEC's biggest output gain despite sanctions.
  • Biggest declines seen in Venezuela and Libya.
Published 30 Apr, 2021 06:38pm
Oil rises as OPEC+ decides on production policy
Markets

Oil rises as OPEC+ decides on production policy

  • OPEC+ reaches preliminary deal to raise output from May –sources.
  • OPEC+ still has deep production cuts in place.
  • New pandemic waves creates uncertain demand outlook.
  • Euro zone factory activity soared in March.
Published 01 Apr, 2021 09:04pm
OPEC oil supply to drop by 400,000 bpd in Jan
Markets

OPEC oil supply to drop by 400,000 bpd in Jan

  • OPEC's compliance with pledged supply curbs is close to 100%, the company said.
  • "The biggest reductions in January supply are expected from Libya, Iraq and Nigeria," Petro-Logistics said.
Published 25 Jan, 2021 09:33pm
Russia and Belarus agree oil supply terms for 2021
Markets

Russia and Belarus agree oil supply terms for 2021

  • The two ex-Soviet neighbours have had a patchy relationship over the years and have quarrelled about a number of issues, including oil and gas sales.
  • reselling some of it and oil products processed from the Russian barrels on to Europe until Moscow decided to stop the practice.
Published 25 Dec, 2020 07:05pm