The Organization of the Petroleum Exporting Countries (OPEC) expects a milder growth in oil demand in 2025, and the main drivers should be China, the Middle East and India, the first forecasts showed. World oil demand will increase by 1,85 million barrels per day next year, according to the first forecast for 2025, published in...
OPEC expects a milder growth in oil demand in 2025 Read More »
On the world stock exchanges, oil prices fell slightly last week, after significant fluctuations due to the escalation of the crisis in the Red Sea, but also the unexpected reduction in Saudi Arabia's prices. On the London market, the price of a barrel slipped by half a percent last week - to $78,29, while on the American market, the price of a barrel fell by...
Relief: the crisis in the Red Sea did not increase the price of oil in the world Read More »
Analysts believe that despite the pressure exerted by OPEC+, the price of oil in 2024 will not exceed $100, but that it will also depend on the geopolitical situation, Klix.ba reported. Rising oil production outside OPEC+ and the significant storage space held by the OPEC+ group will continue to…
The price of a barrel of oil in 2024 should not exceed 100 dollars Read More »
The group of oil-exporting countries OPEC Plus, which includes Russia, decided to cut oil production and thus affect the rise in prices, a move that could deal another blow to the global economy and increase fuel prices on pumps around the world. The energy ministers of the countries...
The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Mohammad Barkindo, died at the age of 64, the Nigerian authorities announced today. A spokesman for Nigeria's Ministry of Petroleum confirmed that Barkindo died in Abuja, a day after meeting the Nigerian president in the country's capital. It is not known what caused the death of the Secretary General of the...
