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Market Update: Oil and Gas - September 2016

Sep 28, 2016
From the Global Energy Institute

Price Stability: the focus of the upcoming OPEC meeting

With informal OPEC talks scheduled to take place in Algeria later this month, early comments from member countries signal that measures to "restore stability and order to the oil market" will be focus of the discussions.

The September issue of OPEC’s monthly report indicates that many of the cartel’s representatives expect strengthening demand towards the end of 2016. This is in direct contrast to the views expressed by the IEA, which anticipate oil demand growth to slow across the same time period.

Read: Market Update: Oil & Gas - September 2016