OPEC Acting to Balance Oil Market, Iran OPEC Governor Says
Jun. 01, 2011 12:08PM PST
Energy InvestingBloomberg reports that OPEC plans to act to balance global oil markets and will make up for any shortage.
Bloomberg reports that OPEC plans to act to balance global oil markets and will make up for any shortage.
The market news is quoted as saying:
Global oil demand will rise to 88.9 million barrels a day by the end of the year, Khatibi said, according to Fars. Demand for OPEC’s crude will rise to 29.8 million barrels a day in the same period, from 29.7 million in the first quarter, he said.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1813.23 | +11.51 | |
| Silver | 24.05 | +0.21 | |
| Copper | 3.85 | +0.04 | |
| Palladium | 1834.50 | +71.50 | |
| Platinum | 1021.50 | -4.00 | |
| Oil | 79.70 | +0.14 | |
| Heating Oil | 3.34 | +0.13 | |
| Natural Gas | 5.19 | +0.11 | |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured {{ post.primary_section_name }} Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â