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☆ If oil production starts rising, there could be an oversupply in 2025: S&P Global
  + stars: | 2024-10-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf oil production starts rising, there could be an oversupply in 2025: S&P GlobalHerman Wang, managing editor of OPEC and Middle East news at S&P Global, says oil supply growth will outpace demand growth in 2025.
Persons: Herman Wang Organizations: P, Middle
☆ OPEC+ unlikely to increase oil production: S&P Global
  + stars: | 2024-08-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC+ unlikely to increase oil production: S&P GlobalHerman Wang, managing editor of OPEC and Middle East news at S&P Global, discusses the outlook for the upcoming OPEC+ meeting.
Persons: Herman Wang Organizations: P, Middle, P Global
☆ About 70% of global oil demand growth will come from Asia this year, says S&P Global
  + stars: | 2023-05-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAbout 70% of global oil demand growth will come from Asia this year, says S&P GlobalHerman Wang of S&P Global Commodity Insights says Asia is the "engine" of the oil market. He adds that many analysts expect a much tighter second half of the year, but "a lot of that rests on the China story."
☆ Oil outlook: There's a lot of conflicting data, says S&P Global
  + stars: | 2023-02-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOil outlook: There's a lot of conflicting data, says S&P GlobalHerman Wang, managing editor of OPEC and Middle East news at S&P Global, discusses the outlook for oil prices.
☆ OPEC+ may have wanted to avoid geopolitical fight with the U.S, S&P Global editor says
  + stars: | 2022-12-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC+ may have wanted to avoid geopolitical fight with the U.S, S&P Global editor saysHerman Wang, managing editor at S&P Global Commodity Insights, discusses the decision from OPEC and non-OPEC producers to stick to its existing oil production policy.
☆ U.S. delivers angry rebuke of massive OPEC+ production cut — and it could backfire for Saudi Arabia
  + stars: | 2022-10-06 | by ( Sam Meredith Natasha Turak | Sam Meredith | Natasha Turak | ) www.cnbc.com   time to read: +9 min
Energy analysts believe the deep production cuts could yet backfire for OPEC kingpin and U.S. ally Saudi Arabia. Energy analysts believe the deep production cuts could yet backfire for OPEC kingpin and U.S. ally Saudi Arabia, particularly as Biden hinted Congress would soon seek to rein in the Middle East-dominated group's influence over energy prices. OPEC and non-OPEC allies, a group often referred to as OPEC+, agreed on Wednesday to reduce oil production by 2 million barrels per day from November. "In light of today's action, the Biden Administration will also consult with Congress on additional tools and authorities to reduce OPEC's control over energy prices," the White House said. While the group likes to say they keep politics out of their decisions, there's no denying that there are potential ramifications to this beyond the oil price.
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