OPEC Monthly Oil Market Report April 2024

The OPEC Monthly Oil Market Report (MOMR) for April released Thursday provides OPEC’s outlook for crude oil market developments for the coming year with key developments impacting oil market trends in world oil demand and supply. OPEC and its allies are voluntarily cutting their production by about 2 million barrels a day, a policy that will be reviewed at their next meeting on June 1.  MOMR Highlights OPEC Monthly Oil Market Report April 2024 US Rig, output and DUC Summary … Continue reading OPEC Monthly Oil Market Report April 2024