• Daily News
  • Weekly News
  • Oil and Gas Events
  • Key Economic Indicators
  • Other Services
Country List
  • Algeria
  • Bahrain
  • Egypt
  • Iran
  • Iraq
  • Kuwait
  • Libya
  • Oman
  • Qatar
  • Saudi Arabia
  • UAE
  • Yemen
  • General News
PAM
  • Project Activity Monitoring
  • Company Activity Monitoring

For Free Headlines Submit Your Email
Login  

Wednesday, July 15, 2020 2:8 GMT

  • Home
  • About Us
  • Archive
  • Contact Us

OPEC Chief Sees Oil Market Moving Closer to Balance

published:14/07/2020 07:20 GMT

A gradual rise in oil demand as countries ease coronavirus lockdowns and record supply cuts by OPEC and its allies are bringing the oil market closer to balance, OPEC's secretary general said on Monday. "These supply and demand trends are helping bring us step by step closer to achieving a balanced market," OPEC's Mohammad Barkindo said during a webcast presentation....More


Latest Oil and Gas News

  • Minister: Iraq Pledges Compliance with OPEC+ Quota in August 14/07/2020 08:42 GMT 
  • Russian, Algerian Leaders Review OPEC+ Oil Market Coordination 14/07/2020 07:22 GMT 
  • OPEC Chief Sees Oil Market Moving Closer to Balance 14/07/2020 07:20 GMT 
  • Improved Demand Outlook Calls for Easing of OPEC+ Cuts 13/07/2020 04:18 GMT 
  • Iraq’s Crude Production Dips in June, Still above OPEC+ Quota 13/07/2020 04:18 GMT 
  • No Intent to Drive US Shale Out of Business: OPEC’s Barkindo 12/07/2020 09:24 GMT 
  • OPEC Holds Special Workshop on Secondary Sources for Oil Data 12/07/2020 08:54 GMT 
  • Global Oil Markets Getting What They Need from OPEC+ 12/07/2020 05:17 GMT 
  • IEA Up’s 2020 Oil Demand Forecast 12/07/2020 04:40 GMT 
  • GECF Holds 36th Executive Board Meeting 12/07/2020 04:19 GMT 
  • Oil Prices Idle as Pandemic Spike Fears Offset Signs of Gasoline ... 09/07/2020 06:53 GMT 
  • Angola to Fully Comply with Oil Cuts after OPEC Pressure 09/07/2020 04:43 GMT 
  • OPEC+ Cuts Deeper in June on Pressure to Boost Oil Market Recovery 08/07/2020 04:35 GMT 
  • High-Profile International Speakers to Address GECF Annual Event 08/07/2020 04:01 GMT 
  • Weak Oil, Pandemic to Hurt GCC Banks' Profits 08/07/2020 04:01 GMT 
  • New Algerian Energy Minister Meets OPEC Secretary General 07/07/2020 08:42 GMT 
  • Oil Dips as Spike in US Coronavirus Cases Casts Gloom over Fuel ... 07/07/2020 08:26 GMT 
  • Novak Says No Decision Yet to Extend Record OPEC+ Cuts 07/07/2020 08:26 GMT 
  • Birol: Global Oil Demand Unlikely to Have Peaked Due to Pandemic 07/07/2020 05:37 GMT 
  • GECF Adds Value to UNECE Debate on LNG’s Green Credentials 07/07/2020 04:18 GMT 

Latest Business and Economic News

  • MENA Construction Output to Drop Significantly; Slow 2021 Recovery ... 12/07/2020 04:37 GMT 
  • Bahrain Leads Islamic Fintech Startup Ecosystem in MENA 08/07/2020 04:07 GMT 
  • Cost of Living in Kuwait Cheapest in GCC 07/07/2020 04:21 GMT 
  • Banks in Mena Keen to Engage with FinTech Projects 06/07/2020 04:23 GMT 
  • Competitiveness: UAE 9th Worldwide, 1st in Mena 01/07/2020 04:22 GMT 
  • New GCC-Indian Subcontinent Liner Service Launched 28/06/2020 07:17 GMT 
  • UAE Ranks Top FDI Recipient in ME 28/06/2020 05:01 GMT 
  • DHL Express Expands Mena Fleet 23/06/2020 09:06 GMT 
  • GCC Chambers of Commerce Face Challenges 21/06/2020 04:57 GMT 
  • GCC Asset Managers to Remain Comparatively Resilient Amid Pandemic 18/06/2020 04:31 GMT 
  • Dubai-Based BizX Appoints Managing Director for ME Operations 16/06/2020 04:19 GMT 
  • International Islamic Liquidity Management Corp. Issues Sukuk 15/06/2020 04:11 GMT 
  • ME Air Cargo Dmand Plummets in April 14/06/2020 04:27 GMT 
  • FM Global Resilience Index: Qatar Ranks Highest in GCC in 2020 11/06/2020 04:29 GMT 
  • GCC Announces Billions Worth of Projects in April Despite Pandemic 10/06/2020 05:24 GMT 
  • Covid-19 Severely Hits April Hotel Performance in MEA 08/06/2020 04:40 GMT 
  • Al Kuwait Live Export Ship Not Allowed to Transport Sheep to ME 04/06/2020 04:47 GMT 
  • Mediclinic Middle East Pens Agreement with Saudi-Based Al Murjan ... 02/06/2020 07:33 GMT 
  • Bosch Names New GM for Robert Bosch Middle East 02/06/2020 04:17 GMT 
  • KPMG: GCC Banks Consolidation Drive to Continue in 2020 28/05/2020 04:13 GMT 
For Archive please click here.

© 2020 BEDigest. All Rights Reserved.

to read more about this project please go to