22 Nov 2019 OPEC and its allies are likely to extend output cuts until mid-2020. Points Block 2 in October 2019 and reported it had found oil in November. 12 Feb 2020 The report also noted that January saw a sharp decline in OPEC's output as producers implemented a new production-cut pact that the cartel's  12 Feb 2020 OPEC cuts oil demand outlook for the year, citing the coronavirus outbreak in global oil demand growth in 2020," OPEC said in the report.

The report suggested there would be a 2020 surplus of 70,000 bpd if OPEC kept pumping at October’s rate and other factors remained equal, less than the 340,000 bpd surplus implied in September The OPEC Annual Report features a foreword by the Secretary General, reviews of OPEC Member Countries’ economic performances and the world oil market, activities of the OPEC Secretariat and listings of OPEC officials. Thank you. Your download should automatically begin in a few seconds. If not, please click here to download your copy of the Monthly Oil Market Report. OPEC’s World Oil Outlook (WOO) is part of the Organization’s commitment to market stability. The publication is a means to highlight and further the understanding of the many possible future challenges and opportunities that lie ahead for the oil industry. The OPEC+ alliance is seeking to reduce oil supplies by about 1.7 million barrels a day in 2020 to steady the market. latest Monthly Oil Market Report. Non-OPEC calculations are based on OPEC turns a bit more positive on 2020 OPEC’s November Report, and recent comments by the organisation’s secretary general, suggest OPEC is becoming more optimistic about the prospects for demand for its crude in 2020. This may be an indication that deeper output cuts in 2020 are becoming less likely. The OPEC Monthly Oil Market … Continue reading "OPEC Monthly Oil Market Report (Nov.)" OPEC sees small 2020 oil deficit even before latest supply cut In a monthly report, OPEC said demand for its crude will average 29.58 million barrels per day (bpd) next year. That points

Healthier global economic growth in 2020 is expected to lead to higher oil demand growth this year, OPEC said in its closely-watched Monthly Oil Market Report (MOMR) on Wednesday

Non-OPEC supply, led by the U.S. shale, is forecast to grow by 2.1 million barrels a day in 2020, according to the IEA's latest monthly Oil Market Report. That is 200,000 barrels a day lower than OPEC downwardly revised its outlook for global oil demand growth to 0.99 million barrels per day (bpd) in 2020. That's down by 0.23 million bpd from the previous month's estimate. The report suggested there would be a 2020 surplus of 70,000 bpd if OPEC kept pumping at October’s rate and other factors remained equal, less than the 340,000 bpd surplus implied in September The OPEC Annual Report features a foreword by the Secretary General, reviews of OPEC Member Countries’ economic performances and the world oil market, activities of the OPEC Secretariat and listings of OPEC officials.

Get the OPEC Monthly Report results in real time as they're announced and see the immediate global market impact. Nov 11, 2020 : 07:00 : Oct 13, 2020 Crude prices pared earlier gains on

12 Feb 2020 The report also noted that January saw a sharp decline in OPEC's output as producers implemented a new production-cut pact that the cartel's  12 Feb 2020 OPEC cuts oil demand outlook for the year, citing the coronavirus outbreak in global oil demand growth in 2020," OPEC said in the report. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance. In an effort to continuously enhance the service provided to our readers, we are pleased to announce that the analysis provided in the OPEC Monthly Oil Market Report is now more accessible than ever.

OPEC sees small 2020 oil deficit even before latest supply cut In a monthly report, OPEC said demand for its crude will average 29.58 million barrels per day (bpd) next year. That points

21 Nov 2019 Adding to the gains, Reuters reported OPEC+ is likely to extend their production agreement through June 2020. The sources told Reuters that  12 Dec 2019 In the latest monthly Oil Market Report, the International Energy OPEC oil supply in November was 2.69 million b/d lower than a year ago as  20 Jan 2020 OPEC's latest monthly report pegs OECD commercial oil stocks at 2.92 billion barrels at the end of November, a little higher than the 2.91 billion 

12 Feb 2020 OPEC cuts oil demand outlook for the year, citing the coronavirus outbreak in global oil demand growth in 2020," OPEC said in the report.

OPEC sees small 2020 oil deficit even before latest supply cut In a monthly report, OPEC said demand for its crude will average 29.58 million barrels per day (bpd) next year. That points In a monthly report, OPEC said demand for its crude will average 29.58 million barrels per day (bpd) next year. OPEC pumped less oil in November than the average 2020 requirement, having in Get the OPEC Monthly Report results in real time as they're announced and see the immediate global market impact. Nov 11, 2020 : 07:00 : Oct 13, 2020 Crude prices pared earlier gains on The report suggested there would be a 2020 surplus of 70,000 bpd if OPEC kept pumping at October’s rate and other factors remained equal, less than the 340,000 bpd surplus implied in September

OPEC sees small 2020 oil deficit even before latest supply cut In a monthly report, OPEC said demand for its crude will average 29.58 million barrels per day (bpd) next year. That points Non-OPEC supply, led by the U.S. shale, is forecast to grow by 2.1 million barrels a day in 2020, according to the IEA's latest monthly Oil Market Report. That is 200,000 barrels a day lower than OPEC downwardly revised its outlook for global oil demand growth to 0.99 million barrels per day (bpd) in 2020. That's down by 0.23 million bpd from the previous month's estimate. The report suggested there would be a 2020 surplus of 70,000 bpd if OPEC kept pumping at October’s rate and other factors remained equal, less than the 340,000 bpd surplus implied in September