LONDON Oil pricing agency S&P Global Platts said on Wednesday that discussions with industry show opinion is focused on two possible additions to the dated Brent benchmark - Johan Sverdrup crude, and West Texas Intermediate (WTI) Midland crude.
LONDON (Reuters) -OPEC forecast on Thursday that world oil demand would rise in 2022 to reach a level similar to before the pandemic, led by growth in the United States, China and India.
MOSCOW/LONDON OPEC+ is yet to make progress closing divisions between Saudi Arabia and the United Arab Emirates that last week prevented a deal to raise oil output, making another policy meeting this week less likely, OPEC+ sources said.
MOSCOW/LONDON Russia is leading efforts to close divisions between Saudi Arabia and the United Arab Emirates to help strike a deal to raise oil output in coming months, three OPEC+ sources said, with OPEC and its allies yet to set a date for their next oil policy meeting.
DUBAI (Reuters) -OPEC+ ministers called off oil output talks on Monday after clashing last week when the United Arab Emirates rejected a proposed eight-month extension to output curbs, meaning no deal to boost production has been agreed.
LONDON OPEC oil output has risen in June as the group further eased supply curbs under a pact with its allies and as Iran's exports climbed amid ongoing talks on reviving its nuclear deal with world powers, a Reuters survey showed.
LONDON/DUBAI (Reuters) -Global oil demand will rebound strongly in the second half of 2021 with oil inventories shrinking, OPEC's chief and experts said on Tuesday while warning that coronavirus variants pose a risk to the recovery.
LONDON OPEC's forecasts point to an oil supply deficit in August and in the rest of 2021 as economies recover from the pandemic, suggesting the group and its allies have room to raise output at a meeting this week.