OIL OPEC sees oil demand soaring in 2021 but still below 2019Oil & Gas 360, July 14, 2020 Global oil demand will soar by a record 7 million barrels per day (bpd) in 2021 as the global economy recovers from the coronavirus crisis but will remain below 2019 levels, OPEC said in its monthly report. It was the first report … read more
OIL OPEC chief sees oil market moving closer to balance before key meetingOil & Gas 360, July 13, 2020 The oil market is getting closer to balance as demand gradually rises, OPEC’s secretary general said on Monday, two days before the group and ally Russia meet to decide whether to ease output curbs from August. The Organization of the Petroleum … read more
OIL DOI beats NEPA challenge to ConocoPhillips leases in Alaskan petroleum reserve at 9th CircuitSebastian Malo, Reuters, July 9, 2020 A federal appeals court on Thursday upheld a ruling that the U.S. Department of the Interior had taken all necessary steps to gauge potential environmental risks from oil-and-gas leases it made in northern Alaska. A three-judge panel of the 9th … read more
