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Sep 14, 2021 · Our annual growth forecast is revised marginally lower since last month’s Report for 2021 (-110 kb/d) to 5.2 mb/d while 2022 growth is slightly higher, at 3.2 mb/d. The market should shift closer to balance starting from October if OPEC+ continues to unwind production cuts. Even so, it is only by early 2022 that supply will be high enough to ...
4 days ago · Meanwhile, both OECD crude and liquids inventories sit below their five-year range and five-year averages, and oil stocks at Cushing are severely depleted by the standards of the last 15 years. “Price is a function of demand for oil inventory, which in turn depends on the willingness of users to either deplete or restock their holdings.
Sep 29, 2021 · Oil prices near $80 a barrel and global commodity shortages have ignited a record-beating rally in Gulf stocks. An MSCI index tracking companies in the United Arab Emirates, Saudi Arabia and other ...
Oct 12, 2021 · Oct 12 (Reuters) - Major stock markets in the Gulf rose on Tuesday with higher oil prices, with the Abu Dhabi index extending gains for a third consecutive session. Oil headed towards $84 a barrel ...
Oct 21, 2021 · Still, the Oct. 8-20 Reuters poll of 21 economists forecast an improvement in the economic fortunes of most oil-exporting nations after they were battered by the pandemic and the record collapse ...
Jul 13, 2021 · Most major stock markets in the Gulf ended higher on Tuesday, mirroring gains in oil prices as tight supply and expectations of a further draw in U.S. and global crude inventories provided support.
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Aug 3, 2021 · Published on 03/08/2021 - 7:20 GMT+2 • ... Saudi Aramco and other Gulf oil producers are following in the footsteps of Abu Dhabi with plans to raise tens of billions of dollars through sales of ...
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