OPEC freeze | The Corner .eu

OPEC freeze

Markets 27th August 2016

Slowing OECD countries demand may drag on global oil markets

Oil demand in both Emerging Markets (EMs) and Developed Markets (DMs) has risen strongly since 2014, but now the oil market will have to rely on EM consumption, according to a BofA Merrill Lynch Global Research report.

World economy 23rd February 2016

OPEC’s Output ‘Freeze’ Offer Largely An Acknowledgement Of Existing Conditions

UBS | In this note we present our updated analysis of OPEC production capacity. On a headline basis the numbers are alarming – we expect the group to add close to 1Mb/d to its effective production capacity in 2016 and then a further 0.6Mb/d in 2017. Over the 2015- 20 period we expect total additions of 2.1Mb/d