Tag: Global Oil Demand

  • OPEC Confirms Supply Hike As Demand For Oil Rebounds

    OPEC Confirms Supply Hike As Demand For Oil Rebounds

    As global oil demand recovers from the pandemic, OPEC and its allies have announced its commitment to improve oil production. A committee led by Saudi Arabia and Russia agreed the coalition should press on with its roadmap for increasing supply by 2 million barrels a day over the next three months, a decision that was later rubber-stamped…