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2. Why oil prices have cratered to their lowest level in nearly ...

   www.aol.com/why-oil-prices-cratered-lowest...

   In its monthly oil market report, OPEC cut its outlook for oil demand because of the deceleration in China's economy. It now expects daily demand for oil to grow by roughly 2 million barrels per ...

3. OPEC says oil demand strong despite 'overblown negative ... - AOL

   www.aol.com/finance/opec-says-oil-demand-strong...

   OPEC’s latest monthly oil report says “oil market fundamentals remain strong despite exaggerated ... OPEC analysts note the latest data shows Chinese crude imports increasing to 11.4 million ...

4. Why OPEC's grip on oil markets will continue to weaken in 2025

   www.aol.com/why-opecs-grip-oil-markets-193512699...

   OPEC+ faces a major oil oversupply in 2025, challenging production increases. The coalition has tried to boost oil prices by holding back output. Instead, members are ceding control to non-OPEC ...

5. 2023–2025 world oil market chronology - Wikipedia

   en.wikipedia.org/wiki/2023–2025_world_oil...

   Higher demand, lower inflation and less chance of interest rates increasing in the U.S., along with production cuts planned by OPEC and others, helped oil finish slightly higher. [ 23 ] For the first week of July, oil rose 5 percent, with Brent finishing at $78.47, highest since May 1, and WTI at $73.86, highest since May 24.

6. OPEC+ extends oil output cuts into 2025 - AOL

   www.aol.com/opec-extends-oil-output-cuts...

   In its most recent monthly report, the International Energy Agency cut its forecast for the growth in global oil demand this year by 140,000 barrels per day to 1.1 million barrels per day, citing ...

7. You can thank China and record US oil output for lower ... - AOL

   www.aol.com/thank-china-record-us-oil-125056506.html

   Yes, but: Oil prices were up by about 1% on Monday after OPEC’s monthly market report said that the fundamentals remained strong and that it was speculators bringing prices down.

8. List of countries by proven oil reserves - Wikipedia

   en.wikipedia.org/wiki/List_of_countries_by...

   Map of countries with proven oil reserves - according to US EIA (start of 2017) Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014. Proven oil reserves are those quantities of petroleum which, by analysis of geological and ...

9. 2002 world oil market chronology - Wikipedia

   en.wikipedia.org/wiki/2002_world_oil_market...

   January 1: The OPEC crude oil production quota cuts of 1.5 million barrels (240,000 m 3) per day, announced on December 28, officially go into effect for six months.Crude oil production or export cuts of 462,500 barrels per day (73,530 m 3 /d) by five non-OPEC oil exporters also go into effect.