Takeaways from Joe Biden’s first trip to Middle East
OPEC+ decided last month to increase output targets by 648,000 barrels per day in August....
Tag : oil demand
Global oil demand will soar by a record 7 bpd in 2021:OPEC
Oil prices in 2020 have collapsed due to an oil price war and the coronavirus pandemic...
China’s oil demand rebounds to 90% pre-Covid-19 levels
Demand is expected to reach 92% in May...
Brooge Petroleum leases six oil tanks in the UAE to Total
The lease will be for a period of six months, with a potential to renew for another six months...
Saudi urges Opec+ to cut 1.5 mn bpd as coronavirus affects oil demand
the Kingdom has pushed for a larger cut compared to Goldman Sach’s recommendation of 600,000 to I mn bpd...