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Oil storage rise supports case for keeping OPEC+ cuts, sources say
Reuters· 23 hours agoRising global oil inventories through April due to soft fuel demand may strengthen the case for OPEC...
OPEC+ to hold June 2 output policy meeting online
Reuters· 6 days agoThe meeting was to have been in Vienna on June 1, but will now be held online a day later, OPEC said on Friday. OPEC+ oil producers are ...
Oil prices increase as major producers expected to maintain production cuts
Offshore Technology via Yahoo Finance· 2 hours agoGlobalData’s analysis points to compliance still being an issue in the inner OPEC circle, raising...
Goldman Sachs analysts issue updated oil market outlook
TheStreet via Yahoo Finance· 13 hours agoBut supply could increase elsewhere, experts say. “The recent rise in the price of crude should...
What is OPEC+ and how does it affect oil prices?
Reuters via Yahoo Finance· 6 days agoOPEC+ member Russia has effectively had its production capacity reduced by the war in Ukraine and...Nigeria, Congo, Equatorial Guinea, Gabon and...
China’s Oil Demand Outlook Darkens as OPEC+ Prepares to Meet
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- As OPEC+ prepares to review global oil markets, trouble is brewing in the group’s...
Explainer-What OPEC+ oil output cuts are currently in place? By Reuters
Investing.com· 6 days agoExplainer-What OPEC+ oil output cuts are currently in place?
OPEC heavyweights are cheating on their targets
The Economist· 3 days agoThe Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group that produces 40% of the world’s crude, wants to keep oil prices...
Oil Sinks as Weak Treasury Auction Creates Risk-Off Sentiment
Bloomberg via Yahoo Finance· 18 hours agoFlashing for Homeowners in Texas and Florida‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge...
Saudi Arabia may cut July oil prices to Asia for first time in 5 months
Reuters· 2 days agoThe July official selling price (OSP) for flagship Arab Light crude is expected to fall by 30 to 50...