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Weak US gasoline demand compounds pressure on oil ahead of OPEC+ meet
Reuters· 12 hours agoThe U.S. gasoline market is flashing signs of weakness at the start of summer driving season, a time...
OPEC+ Gets Crumbs Of Comfort From 15% Uptick In India’s Monthly Oil Demand
Forbes· 1 day agoAs crude oil trading in May reaches its conclusion and OPEC+, a select group of Russia-led oil...
OPEC+ meeting could switch oil regime
The Forex Market· 2 days agoOil declined for the second day in a row, reversing down from its 200-day moving average for the third time this month. An OPEC+ meeting is scheduled for...
Key Oil Ministers Head to Riyadh as OPEC+ Plans Change Again
Bloomberg via Yahoo Finance· 14 hours ago(Bloomberg) -- Major OPEC+ producers will gather in Riyadh this weekend to debate oil output cuts...
Energy Shares Rise Ahead of OPEC Meet -- Energy Roundup
Market Watch· 11 hours agoEnergy shares led sector gains for the day while oil prices extended their recent declines, losing about 6% for the month. OPEC and its allies are expected ...
OPEC+ discuss keeping voluntary oil cuts until year-end, sources say
Reuters· 2 days agoThe Organization of the Petroleum Exporting Countries led by Saudi Arabia and allies led by Russia,...
OPEC+: Understanding the differences over oil production capacity?
Gulf Business· 3 days agoCapacity discussions can also be complicated by different oil price preferences among OPEC+ members
Oil storage rise supports case for keeping OPEC+ cuts, sources say
Reuters· 3 days agoRising global oil inventories through April due to soft fuel demand may strengthen the case for OPEC...
Senate Democrats accuse oil companies of collusion with OPEC, demand DOJ investigation
FOX Business· 1 day agoSenate Majority Leader Chuck Schumer, D-N.Y., led a group of 23 Democratic senators who wrote...
Analysts Look at Speculative Oil Positioning and OPEC+
Rigzone· 22 hours agoAs part of their usual due diligence in advance of strategy discussions, key OPEC+ ministers tend to take at least a quick glance at speculative positioning, among a raft ...