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Global oil market News
Global oil market
Oil entering uncertain, volatile period: IEA
Tue, Nov 13, 2018
Oil markets are entering a period of renewed uncertainty and volatility, including a possible supply gap in the early 2020s, the International Energy Agency (IEA) said on Tuesday.
US oil dips on increased drilling, but OPEC cuts support global markets
Mon, Nov 27, 2017
US oil prices dipped on Monday, easing from two-year highs on the prospect of increased U.S. output, although global markets were slightly better supported by expectations an OPEC-led supply cut will be extended.
Global oil supply may see potential shortage after 2020: IEA
Tue, Mar 07, 2017
Developing countries account for all of the growth and Asia dominates, with about seven out of every 10 extra barrels consumed globally.