Join us as we explore the exciting July 2023 Market Trends in the Oil Industry from the OMR, one of the most authoritative sources of data in the energy sector.
July 2023 Market Trends: Optimistic Demand, Resilience & Dynamics
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Around the World
Oil Production Cuts and Demand Surge: A Profitable Outlook for Q4 2023
OPEC’s calculated production cuts create a balancing act between production cuts and demand surge in in oil during Q4 2023.
Oil Prices Surging: Positive Global Outlook Late Summer 2023
Oil prices surging & the global economy is set to benefit from this impressive upturn. Positive outlook this July highlights game-changers for the oil industry.
Busy Week in Oil: Saturday Catch-Up on 6 Top Stories
It has been a busy week in oil & gas! I didn’t even have a chance to get the new news out to you before something else rolled in, so here is an end-of-the-week recap.” ~Greg
Oil Prices March On, Hit $80 Despite Federal Rate Hike
The Federal Reserve raised interest rates by 0.25% on Wednesday, but oil prices march on past $80.
Oil Markets Will Face ‘Serious Problems’ As Demand From China And India Ramps Up, In The Second Half of 2023
He emphasized that there could be some serious problems in the latter part of the year, which will inevitably lead to a response in prices.
Revolutionary U.S. Shale Shakes Up Oil Markets in 2023
U.S. shale shakes up the global energy market and is reshaping industry growth with most impressive growth stories in history.
3-Week Rally: Oil Prices Extend Gains As Fundamentals Come Into Focus
As the trading week comes to a close, oil prices are basking in the glow of their 3-week rally of gains.
China’s Oil Imports Surge Summer 2023: An Encouraging Sign of Economic Recovery and Policy Shifts Ahead
China’s Oil Imports Surge: A Sign of Economic Recovery and Policy Shifts: China’s economic recovery post-pandemic has boosted oil imports.
Surging Oil Demand Soared to Near-Record Levels in May 2023
The world’s oil demand jumped by more than 3 million barrels per day (bpd) in May due to surging oil demand.
Oil Well Expedition: 6 Essential Phases from Preparation to Production
Oil Well Exploration and Site Selection: The first step in the oil well journey is exploration, which involves geologists and geophysicists studying geological formations to identify potential oil-rich areas. Advanced technologies like seismic surveys and satellite...
The Surprising Intersection of Oil Demand, Supply Deficit, and Shale Challenges in July 2023
The global oil market is currently facing an intersection of oil demand, supply deficit, and shale challenges. Explore this unique landscape with us.
