Tag Archives: Mohammed Barkindo

Consensus within the OPEC non-OPEC coalition is growing for a cut.

The assurance on sustainable stability was necessary in the wake of emerging uncertainties in world energy demand.

The IEA reduced its forecast for growth in emerging-market demand next year.

The committee is away from its mission and for the same reason should be stopped.

There are ongoing transformations at the level of OPEC’s member countries.

Top exporter Saudi Arabia pumped most of the extra oil. raising output by 524.000 bpd in September compared to May.

Members of OPEC and non-OPEC countries participating in a supply-reduction agreement are on course to reach 100 percent compliance.

Global oil demand is expected to increase by 14.5 million bpd from 2017 to 111.7 million bpd in 2040.

India has expressed ``discomfort`` with the high oil prices.

Oil-related investment requirements across the upstream. midstream and downstream are estimated at around $11 trillion in the period to 2040.