#supply

OPEC cuts oil demand outlook as it starts to curb production

OPEC expects that it will need to pump an average of 28.92 million barrels a day of crude to satisfy demand during the fourth quarter

Oil August 1

Oil extends losses on global slowdown and chance of more supply

Investors are also facing the prospect of rising supply as demand moderates

oil supply

IEA sees world oil supply struggling to meet demand in 2023

Crude has climbed more than 50 per cent this year

Oil set for $150 on supply shock, says veteran trader Doug King

Supply losses are likely to dwarf any demand destruction

Oil declines with return of Iranian supply hanging over market

OPEC+ ministers are due to meet June 1 to consider the state of the market and the group’s production policy

Dubai’s DP World appoints new CEO for UAE region

Abdulla Bin Damithan replaces Mohammed Al Muallem, who has been promoted to executive vice president

Brent oil rises toward $64 with power crisis hitting US supply

The combination of frigid temperatures and refinery closures has spurred a scramble for fuels

Oil jumps to one-year high with depleting supplies aiding rally

Futures in New York traded near $55 a barrel after jumping almost 5 per cent over the previous two sessions

Dubai’s real estate space: Is demand catching up?

As demand starts to rally, developers need to ensure they keep pace with the changing requirements from investors

Covid-19 impact: How regional tech companies should reshape supply and demand

Tech companies should consider the necessary structural changes that will ensure their companies can survive in the post-pandemic business environment

Oil prices

Saudis seen cutting oil price for first time in four months

OPEC and allied producers have started to ease output curbs amid weakening demand

Oil extends slide below $32 on signs US stockpiles swelled

Oil is still up almost 70 per cent this month as supply curbs trim a global glut and pockets of demand emerged after the easing of lockdown restrictions

Oil anchored near $33 a barrel amid rising US-China tensions

Oil has surged about 75 per cent this month as pockets of demand return

Oil rises above $30 for first time in two months on output cuts

There’s still a risk, however, that oil’s recovery could be derailed if the pandemic worsens

OPEC chief optimistic that the worst of oil crisis is over

OPEC+ will look at all options when it meets again in June, Mohammad Barkindo said