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Oil prices dip but still set for positive week on OPEC hopes
Investing.com· 10 hours agoBrent and WTI contracts were up over 3% for the week. A bulk of crude’s gains this week came as...
Crude Oil: Oversold Bounce Stalls at Key Resistance - Here's How to Trade It | Investing.com Canada
Investing.com· 4 days agoPrices have been held back in recent weeks because of various factors, ranging from concerns over...
OPEC sees no peak oil demand long term, secretary general says
Reuters· 24 hours agoOPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116...
OPEC’s Strategy To Outlast The Shale Boom
Forbes· 5 days agoIn the early days of the shale boom, when it wasn’t clear whether this development would have a significant impact, it was largely ignored by OPEC. By...
Oil Gains Limited by Uncertain Economic Outlook, Commerzbank Says
The Wall Street Journal· 5 hours agoOPEC and its allies should offset any potential increases under the group’s gradual phase-out plan,...
IEA's Monthly Oil Market Report: These Are the Key Takeaways
Zacks· 1 day agoDespite IEA's somewhat tepid oil demand view, we believe the space is still a good one for investors...
U.S. Crude Production Growth Challenges OPEC+ Control Over Prices
Oilprice.com via Yahoo Finance· 2 days 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.
Morningstar Says Oil Prices Look Weak
Rigzone· 7 hours ago“Further, Saudi Arabia just sold $11 billion in stock in state-run Aramco, indicating both its need for cash to fund Vision 2030 efforts and its inability to defend oil prices,” they went on ...
OPEC Keeps Robust Oil-Demand Outlook After Output Policy Move
The Wall Street Journal· 3 days agoOPEC maintained its bullish outlook for oil-demand growth after setting out a plan to gradually...
Euro Zone Imports to Rise Further Despite Fears of China Trade Downturn. European Stocks Falling.
Barrons.com· 4 hours agoGoods imports came down sharply in 2023, after the energy-price shock surge in 2022, and while this...