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Why OPEC's grip on oil markets will continue to weaken in 2025 - MSNBofA has estimated that non-OPEC countries will account for around 70% of market share in the first quarter of 2025. These countries have gradually outpaced OPEC+ since 2017, data from the bank ...
VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) launched the 2025 edition of its Annual Statistical ...
From January 2025 to December 2026, oil production in Non-OPEC countries is expected to increase by 1,428 kb/d. January’s Non-OPEC W/O US oil production rose by 37 kb/d to 40,040 kb/d.
(Reuters) -Brent crude will likely retrace to around $60 per barrel by early next year, with the market being well supplied ...
Opec does two things well: produce oil and manage the market to its advantage. The cartel has long held that cutting production and keeping the oil price high beats selling more barrels at lower ...
The Organization of the Petroleum Exporting Countries (OPEC) is set to hold its 9th OPEC International Seminar from July 9 to 10, bringing global energy leaders to Vienna to discuss key industry ...
BofA has estimated that non-OPEC countries will account for around 70% of market share in the first quarter of 2025. These countries have gradually outpaced OPEC+ since 2017, data from the bank ...
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