Tag #Opec

Showing 1 to 12 of 69 results

repubblica.it
🌐 85% Global Worthiness
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Global Oil Market Faces Surplus Amidst Weak Demand and Increased Supply

The International Energy Agency (IEA) forecasts a global oil surplus in 2025, driven by lower-than-expected demand growth of 740,000 barrels per day and record production reaching 106.9 million barrels per day in August.

Progress

24% Bias Score

Climate Action
forbes.com
🌐 85% Global Worthiness
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Falling Oil Prices Forecast to Impact U.S. Energy Sector and Consumers

The U.S. Energy Information Administration predicts Brent crude oil prices will fall to $50 per barrel by early 2026 due to increased OPEC production and record U.S. oil output; this will likely cause a significant decrease in U.S. oil drilling activity and lower gas prices for consumers.

Progress

44% Bias Score

Affordable and Clean Energy
themarker.com
🌐 85% Global Worthiness
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European Markets Rise Despite Oil Production Increase and Trade Tensions

European markets rose today, mirroring gains in Asia and the US, despite OPEC+'s increased oil production and Trump's tariff threats on India; BP stock surged 2% on strong Q2 earnings.

Progress

56% Bias Score

Decent Work and Economic Growth
telegraaf.nl
🌐 85% Global Worthiness
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PostNL Soars 12 Percent Amidst Global Market Uncertainty

PostNL's stock jumped 12 percent following better-than-expected quarterly results, while the AEX index opened higher despite recent losses and anxieties surrounding US job data and President Trump's trade policies; OPEC's increased oil production also impacted various sectors.

Progress

36% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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Greek Government Chooses Inquiry Over Investigation in OPKEPE Scandal

The Greek government opted for a parliamentary inquiry into the OPKEPE agricultural subsidy agency corruption scandal, revealed via a European Public Prosecutor's Office (EPPO) report to the parliament, instead of a faster preliminary investigation, after internal divisions and public pressure.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
🌐 85% Global Worthiness
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FTC Reverses Ban on Oil CEO Board Appointments

The U.S. Federal Trade Commission (FTC) unanimously reversed bans on the CEOs of Pioneer Natural Resources and Hess joining the boards of ExxonMobil and Chevron, respectively, overturning previous decisions by the Biden administration that raised concerns about potential coordination with OPEC.

Progress

44% Bias Score

Climate Action
dw.com
🌐 85% Global Worthiness
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Russian Economy Reaches Limits of Wartime Model Amidst Sanctions and Low Oil Prices

Germany's Benjamin Hilgenstock, a sanctions expert at Kyiv School of Economics, states that regardless of whether Russia is in a recession, its wartime economic model has reached its limits due to sanctions, low oil prices, and limited options for diversification with China and India.

Progress

24% Bias Score

Reduced Inequality
edition.cnn.com
🌐 85% Global Worthiness
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Global Oil Supply to Surge, Exceeding Demand

The International Energy Agency (IEA) announced a substantial increase in global oil supply, projecting a 2.5 million barrels per day rise in 2025 and 1.9 million in 2026, exceeding previous forecasts due to increased OPEC+ production and non-OPEC growth, while global demand remains weaker than expe...

Progress

36% Bias Score

Climate Action
bbc.com
🌐 95% Global Worthiness
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Iraq's Invasion of Kuwait: A Confluence of Factors Leading to the Gulf War

On August 2, 1990, Iraqi forces invaded Kuwait under Saddam Hussein, triggering the Persian Gulf crisis due to Iraq's debt to Kuwait, accusations of oil quota violations, and oil theft, leading to the Gulf War.

Progress

64% Bias Score

Peace, Justice, and Strong Institutions
themarker.com
🌐 75% Global Worthiness
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Volatile Asian Markets, China's New Bond Tax

Asian-Pacific markets traded volatilly; the dollar weakened against most currencies except the Japanese yen; OPEC+ increased oil production; Tokyo's stock market fell 1.3%; China will tax bond investment profits starting Friday.

Progress

28% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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OPEC Predicts High Oil Demand Until 2050, Defying Peak Oil Concerns

OPEC forecasts global oil demand to reach 123 million barrels per day by 2050, driven by developing nations, while other forecasts predict peak oil demand as early as this year or by 2029 due to electric vehicle adoption and slower growth in China.

Progress

44% Bias Score

Affordable and Clean Energy
kathimerini.gr
🌐 85% Global Worthiness
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OPEC Predicts Continued Rise in Global Oil Demand Through 2050

OPEC's annual report projects that global oil demand will continue to rise, reaching 113.3 million barrels per day by 2030 and nearly 123 million by 2050, driven by increased electricity consumption from data centers and AI, despite predictions by the IEA of peaking oil demand after this decade.

Progress

40% Bias Score

Climate Action

Showing 1 to 12 of 69 results