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OPEC+ Unlikely to Raise Oil Output in 2024, Energy Aspects Says
Bloomberg via Yahoo Finance· 16 hours ago(Bloomberg) -- OPEC+ plus countries probably will not need to raise oil output later this year...
OPEC may soon lose its sway over global oil prices, IEA says
News Channel Nebraska· 2 hours agoBy Anna Cooban, CNN
Global oil markets likely to face large supply deficits soon, says report
Offshore Technology via Yahoo Finance· 9 minutes agoA global oil market supply deficit is likely to appear as 2024 progresses, and continue into 2025,...
OPEC sticks to 2024 oil demand growth forecast but trims Q1 view
New Hampshire Union Leader· 2 days agoOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024,...
U.S. Crude Production Growth Challenges OPEC+ Control Over Prices
Oilprice.com via Yahoo Finance· 14 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.
We’ll soon live in a world with a ‘staggering’ excess of oil that we can’t fully use, global energy...
Fortune· 11 minutes agoThe IEA anticipates the oil supply hitting 114 million barrels a day by the end of the decade—roughly 8 million barrels a day higher than demand. “This would result in levels of spare capacity ...
OPEC+ Output Increase Later This Year Is Unlikely, Analyst Says
Bloomberg· 16 hours agoOPEC+ plus countries probably will not need to raise oil output later this year without a ramp-up in...
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+ Producers Are Caught Between Diverging Oil Forecasts
Bloomberg· 23 hours agoAnalysts at producer and consumer agencies have different takes on how much the world needs. Have a...
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...