OPEC+
Green finance emerges as major player in supporting economic diversification efforts
Oil production cuts to keep economic growth low at about 1.4 percent in 2024
China's manufacturing activity expanded for the first time in six months in March
OPEC believes that the oil industry will need approximately $11.1 trillion by 2045
Russia's commitment to deeper production cuts as a key factor influencing the crude oil market in the coming months
Market concerns rise as major producers hold output policy steady
Al Ghais highlighted OPEC’s role in addressing global issues like climate change, energy transition
Al-Ghais highlighted that calls to abandon oil were "wrong" and "unrealistic"
Nasser emphasizes the effectiveness of carbon capture in mitigating greenhouse gasses
OPEC+ extends output cuts amid market dynamics and global demand predictions
Surging prices fueled by refinery activity, China demand, and Middle East disruptions
Surprise decline in U.S. crude stockpiles supports prices
Surprising drop in U.S. oil and gasoline inventories points to increased demand from top fuel consumer
Concerns over China's economic weakness continue to impact oil market
Despite decline in oil production, diverse industries foster growth in the kingdom
OPEC+ output cuts offset worries over China's economic growth
Pledges by China to revamp economy add to investor worries about sluggish growth
OPEC+ reiterates commitment to keeping prices above the $80 per barrel mark
Mixed demand indicators from U.S. and China keep markets cautious
Market grapples with rising crude stockpiles and interest rate speculations
U.S. crude stocks data overshadows speculation on OPEC+ output cuts extension
China emerges as primary merchandise trading partner
Weak U.S. retail sales data spurs optimism for rate cuts
