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.
Saudi Arabia
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.
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.
OPEC Slashing Output Causes 5% Price Surge
URGENT NEWS ALERT! Oil prices surged today when…