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OPEC sees no peak oil demand long term, secretary general says
Reuters· 17 hours agoOPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116...
Oil prices dip but still set for positive week on OPEC hopes By Investing.com
Investing.com· 6 hours agoA bulk of crude’s gains this week came as prices rebounded from four-month lows, after the...
U.S. Crude Production Growth Challenges OPEC+ Control Over Prices
Oilprice.com via Yahoo Finance· 1 day 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’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...
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...
IEA Sees Major Oil Surplus This Decade
Rigzone· 1 day agoThe International Energy Agency (IEA) has forecast a surplus petroleum production of up to eight million barrels per day (MMbpd) by 2030 as cleaner transport and electricity generation drive ...
IEA warns supply surplus could hit Covid lockdown levels by 2030, urges Big Oil to adapt | Invezz
Invezz· 2 days ago-led surge in global oil production is expected to exceed demand growth from now until the end of the decade. This development could push spare capacity to unprecedented levels and potentially ...
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...
Oil Demand May Peak This Decade, the IEA Says. OPEC Has Other Ideas.
The Wall Street Journal· 2 days agoGet ready for a long period of low oil prices, says the International Energy Agency. A rapid rise in...
IEA's Monthly Oil Market Report: These Are the Key Takeaways
Zacks via Yahoo Finance· 19 hours agoDespite IEA's somewhat tepid oil demand view, we believe the space is still a good one for investors...