Oil Market Report April 2023 Analysis IEA International
For the year as a whole, global oil production growth slows to 1.2 mb/d versus 4.6 mb/d in 2022. Non-OPEC+, led by the US and Brazil, drives the 2023 expansion, rising 1.9 mb/d.
Most Gulf bourses rise on higher oil prices; Egypt down
Feb 12 (Reuters) - Most Gulf bourses closed higher on Sunday in response to Friday's oil price rise, driven by Russian plans to reduce crude production next month. Oil, which fuels the region's
Oil Market Report March 2023 Analysis IEA
About this report. Following an 80 kb/d contraction in 4Q22, world oil demand growth is set to accelerate sharply over the course of 2023, from 710 kb/d in 1Q23 to 2.6 mb/d
Energy Resource Guide - Egypt - Oil and Gas
Egypt plans to invest around $38 billion developing its petrochemicals sector over the next four years. The petrochemical sector represents about 12% of industrial production and generates revenues totaling USD 7 billion, equivalent to nearly 3% of GDP.
Oil Market Report February 2023 Analysis IEA
Their 2023 budget is based on a Urals price of $70.10/bbl, but the grade’s export price averaged just $49.48/bbl in January versus $82/bbl for North Sea Dated. As a result,
Most Gulf markets end lower as oil prices drop; Egypt up
Commercial International Bank (COMI.CA) and Egypt Kuwait Holding (EKHO.CA) climbed 2.3% and 10%, respectively. Meanwhile, the World Bank said on Wednesday it had approved a new $7 billion...
Oil Market Report Topics IEA International Energy
14 December. The 2023 Edition of the Market Report Oil 2023 is scheduled to be released on 14th June 2023. (1) The 14th June OMR will comprise the usual data and projections
It Not Just Willow: Oil and Gas Projects Are Back in a Big
By Max Bearak. April 6, 2023. When the Biden administration greenlighted the enormous $8 billion Willow oil project on Alaska North Slope last month, many decried the move as a betrayal of the
OPEC crude oil price statistics annually 1960-2023 Statista
OPEC oil price annually 1960-2023. The 2022 annual average OPEC oil price stood at 100.08 U.S. dollars per barrel. This is up from 69.89 U.S. dollars the
Egypt Buys Huge Oil Contracts To Hedge Against Rising Prices
Egypt, for example攁 net oil importer攈as nearly doubled its oil hedges to protect itself against higher oil import costs, Egyptian Finance Minister Mohamed Maait told Bloomberg in an...
