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Oil prices dip but still set for positive week on OPEC hopes
Investing.com· 7 hours agoBrent and WTI contracts were up over 3% for the week. A bulk of crude’s gains this week came as...
OPEC+ Compliance With Quotas Would Offset Potential Cuts Phase Out, ANZ Says
The Wall Street Journal· 3 hours agoStricter adherence to oil production quotas set by OPEC and its allies should offset any potential...
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· 20 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...
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· 3 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 ...
Demand for oil, coal and gas is going nowhere but up. Net Zero is dead
Daily Telegraph· 2 hours agoOne major point of consensus related to global oil demand growth is the expectation that it will...
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 ...
