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OPEC may soon lose its sway over global oil prices, IEA says
CNN Business via Yahoo Finance· 16 hours agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum...
OPEC+ Output Increase Later This Year Is Unlikely, Analyst Says
Bloomberg· 10 hours agoOPEC+ plus countries probably will not need to raise oil output later this year without a ramp-up in...
U.S. Crude Production Growth Challenges OPEC+ Control Over Prices
Oilprice.com via Yahoo Finance· 9 hours agoOPEC+ extends oil production cuts until the end of 2025, aiming to stabilize crude prices and balance market demands in the face of U.S. crude production growth and weak demand concerns.
OPEC+ Unlikely to Raise Oil Output in 2024, Energy Aspects Says
Bloomberg via Yahoo Finance· 10 hours ago(Bloomberg) -- OPEC+ plus countries probably will not need to raise oil output later this year...
OPEC+ Producers Are Caught Between Diverging Oil Forecasts
Bloomberg· 18 hours agoAnalysts at producer and consumer agencies have different takes on how much the world needs. Have a...
Oil slips on US growth worries, ample crude supply
Reuters via Yahoo Finance· 5 hours agoOil prices fell in early trade on Thursday, as investors digested that the U.S. Federal Reserve had likely pushed back a possible interest rate cut to...
Peak oil demand before 2030 will usher in a major supply glut, the International Energy Agency says
Business Insider via Yahoo Finance· 7 hours agoThis massive oil production buffer will likely bring about lower oil prices worldwide, an unwelcome...
How Joe Biden 'broke OPEC' and rewrote the rules for oil trading
MSNBC via Yahoo News· 6 days agoThe Organization of the Petroleum Exporting Countries, or OPEC, has had massive influence over...
OPEC Keeps Robust Oil-Demand Outlook After Output Policy Move
The Wall Street Journal· 2 days agoOPEC maintained its bullish outlook for oil-demand growth after setting out a plan to gradually...
OPEC+ could revise oil supply deal if needed, ministers say
Gulf Business· 7 days agoOPEC+, is currently cutting production by about 5.7 per cent of global demand, to bolster the market