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Deeper OPEC+ supply cuts sends supportive signal to markets

06 December 2019

After a marathon meeting, running late into the night of 5 December, the OPEC+ group has agreed to continue its current production restraint of 1.2 million barrels per day (b/d), and will add a further 0.5 million b/d of supply cuts through to March 2020.

Event

Gas, LNG & The Future of Energy 2027

23 June 2027

Wood Mackenzie's 5th annual Gas, LNG and the Future of Energy from 23-24 June 2027 is where the industry comes together in London to discuss the different market, investment and corporate dynamics shaping it, and the role of gas in supporting the energy transition. #WMGasLNGEvent

The Edge

Energy transition – reset required

12 September 2022

The energy crisis is raising doubts about the pace the world can move towards net zero. Governments' more urgent priorities are to keep the lights on and economies ticking even if that means more fossil fuels.

Featured

The EU’s new carbon tax at the border

31 January 2020

The European Commission is proposing a new emissions-based import duty to prevent “carbon leakage”, but could face opposition from the US. This and more from Ed Crooks in this week's Energy Pulse.

News Release

New pipeline needed to meet surge in demand for Permian crude

08 July 2019

Growing supply of Permian crude means the basin will need extra crude oil takeaway capacity of up to 500,000 barrels per day (b/d) by the end of next decade, according to new research from global natural resources consultancy Wood Mackenzie.

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Search results: 1964

Deeper OPEC+ supply cuts sends supportive signal to markets

Gas, LNG & The Future of Energy 2027

Energy transition – reset required

The EU’s new carbon tax at the border

New pipeline needed to meet surge in demand for Permian crude

Learning the right lessons from the Texas crisis

Upstream players grapple with uncertainty

The IEA’s outlook to 2040

Oil producers cautious as recovery hopes rise

Tensions over “green protectionism” emerge at COP28

Gas price signals show need for increased supply

How will the Asia Pacific upstream sector emerge from the crisis?

OPEC+ ‘no deal’ a blow to the market

Oil price crash - where does Asia go from here?

Could oil Majors and Independents generate record free cash flow this year?

What the Middle East conflict means for oil and LNG

Will drivers see a repeat of 2014's gasoline price reprieve?

Strong gas demand raises questions over emissions

How low could Asian spot LNG prices fall this summer?

Lower 48 oil and gas economics Q4 2023: three key takeaways

How Europe breaks its dependence on Russia

US oil demand on course for long, slow decline

Webinar | A changing of the guard in Africa's upstream investment landscape

Saudi Arabia’s price push for oil market dominance in Asia

Saudi attack, geopolitics and oil markets

Batteries with Chinese characteristics

Washington tariff dispute creates uncertainty for US solar

Radical reform and China’s pathway to carbon neutrality

Why oil price recovery has further to run

Extended production cuts show OPEC's enduring influence over oil

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