The International Energy Agency (IEA) has said that the global oil market could see tightness in the second half of 2023, which would push oil prices higher. Executive Director of IEA, Fatih Birol, made the prediction as oil prices surged above $80 since the beginning of the month, after the …
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Goldman Sachs still expects Brent Crude prices to hit $100 per barrel this year, but only in December, compared to earlier expectations of $100 oil as soon as mid-2023, the bank said in a new note in which it cut its average Brent price to $92 a barrel this year …
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The Secretary General, Organisation of Petroleum Exporting Countries (OPEC), Dr. Sanusi Barkindo, has said that given the very bad experience of 2020, the worst part of the crisis in the global oil market has been put behind it by the oil and gas industry. Barkindo spoke while participating via video-conference …
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