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OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 7 hours agoOPEC's strategy to defend market share against US shale oil production has cost them trillions in lost revenue, but they may finally be seeing a light at the end of the tunnel as US production flattens.
Oil Posts Weekly Rebound From OPEC+ Dip as Fuels Show Strength
Bloomberg via Yahoo Finance· 9 hours ago(Bloomberg) -- Oil posted the largest weekly gain since April after OPEC+ clarified its plan to...
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 18 hours agoRussia has promised to meet its OPEC+ oil production targets in June after pumping too much oil in...
Crude Futures Settle Lower, But Post Weekly Gains
The Wall Street Journal· 9 hours agoWhile OPEC kept its demand growth estimates unchanged, the IEA cut its forecast and predicts global oil demand will reach a peak by the end of this...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand...
CNBC· 1 day agoThe head of OPEC said Thursday that the world will need to invest in fossil fuels for decades to...
Oil prices on track for weekly gains, rebounding from post-OPEC+-decision slide
Market Watch· 17 hours agoOil futures were little changed early Friday, remaining on track for solid weekly gains that have...
Oil dips, but posts weekly gain on solid 2024 demand outlook
Reuters via Yahoo Finance· 1 day agoNEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday after a survey showed...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 7 hours agoGain insight on the U.S. rig count, PTT Exploration and Production, Hunting, Equinor and more in the latest Market Talks covering Energy and Utilities.
Oil Futures Settle Higher in Sideways Trade
Barrons.com· 1 day agoOPEC kept its demand growth estimate at 2.2 million barrels a day, while the Paris-based IEA cut its projection to 960,000 barrels a day from 1.1 million...
WTI Oil Week Ahead: WTI Eyes $80 a Barrel on Demand Optimism
MarketPulse· 15 hours agoWTI unfazed as OPEC and IEA forecast paint differing demand pictures. WTI oil prices are...
