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IEA: Oil in transit reaches record highs due to shipping disruptions
18 Mar 2024 17:42 GMT
… levels, according to the latest International Energy Agency (IEA) Oil Market Report (OMR). … voluntary oil output cuts by OPEC+ countries remain in place … their final destinations.”
The Organization of the Petroleum Exporting Countries said in its Monthly Oil …
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These Factors Helped Brent Oil Price Break Above $85
19 Mar 2024 10:36 GMT
… market outlook from the International Energy Agency (IEA), and damages on … its latest communique, the OPEC Secretariat stated emphasized that … cuts pledged by some OPEC+ participants,” it added. … it continued.
“Because some OPEC+ members are extending these …
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Aramco CEO: “We should abandon the fantasy of phasing out oil and gas”
19 Mar 2024 09:19 GMT
… energy watchdog, the International Energy Agency (IEA). Saudi Arabia is OPEC’s de-facto leader … the biggest contributor to the IEA.
READ MORE: PIF world’s … will peak by 2030.”
OPEC and the IEA are far apart on …
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Saudi Aramco CEO says no peak in oil demand for some time to come
19 Mar 2024 05:21 GMT
… forecasts from the Organization of the Petroleum Exporting Countries and in contrast … watchdog, the International Energy Agency (IEA). Saudi Arabia is OPEC's … biggest contributor to the IEA.
"Well, that … 2030."
OPEC and the IEA are far apart …
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Oil price news: Oil holds near 4-month high as IEA flips forecast to deficit
15 Mar 2024 14:22 GMT
… four-month high after the International Energy Agency forecast a supply deficit … surplus — on the premise OPEC+ maintains production cuts.
Brent … . In addition to the IEA’s shifting view, the … These include rising non-OPEC supply and softer physical markets …
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Global Oil Demand Projected To Rise By 1.3 Million Barrels A Day In 2024- IEA
15 Mar 2024 13:13 GMT
… Uche Cecil Izuora
The International Energy Agency, IEA, has reviewed its world … Petroleum-Exporting, OPEC.
The OPEC and the IEA, which represents … Giovanni Staunovo.
The IEA had initially forecast 2024 … tightened the balance.
Some OPEC+ members earlier this …
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Oil Extends Gains On Supply Worries, Supported By IEA Forecast
14 Mar 2024 23:06 GMT
… thanks to a revised International Energy Agency outlook forecasting lower supplies … $81.13.
The IEA predicted that demand will … slight deficit
International Energy Agency
This followed the Organization of the Petroleum Exporting Countries (OPEC) earlier this …
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Oil holds near 4-month high as IEA flips forecast to deficit
15 Mar 2024 08:16 GMT
… four-month high after the International Energy Agency (IEA) forecast a supply deficit … surplus, on the premise OPEC+ maintains production cuts.
Brent … . The latest IEA view assumes that OPEC and its allies … . These include rising non-OPEC supply, China’s demand …
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IEA raises 2024 oil demand growth estimate on US outlook, bunkering surge
15 Mar 2024 06:34 GMT
… 000 b/d
The International Energy Agency on March 14 raised its … subdued economic outlook.
The IEA also slashed its estimate of … d following the extension of OPEC+ voluntary output cuts announced … in the near term after OPEC+ announced... it will extend …
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Brent Rises to $85 as IEA Predicts Tighter Supply Market
15 Mar 2024 05:54 GMT
… four months, as the International Energy Agency (IEA) predicted a tighter market … (OPEC+) forecasts for some time, with the international energy agency saying … forecasts from the IEA and OPEC+ diverged by over … growth from these non-OPEC producers will offset …