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
read more
China
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.
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.
Goldman Sachs: Oil Demand to Drive ‘All-Time High’ Prices
Goldman Sachs Expects ‘All Time High’ Oil Demand To Spur Large Deficits Boosting Price
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.
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.
Crude Oil Prices Are Up For The 3rd Consecutive Day
Crude oil prices rose for a third consecutive day, after gains on Monday and Tuesday, as the American Petroleum Institute (API) estimated late on Tuesday
Pierre Andurand Predicts Oil Prices Rising to $140
Oil prices will surge to $140 per barrel by the end of this year, hedge fund manager Pierre Andurand said on Tuesday.
