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Oil Gains Limited by Uncertain Economic Outlook, Commerzbank Says
The Wall Street Journal· 6 hours agoBrent crude currently trades above $82 a barrel, while WTI is around $78 a barrel. Last week, both...
OPEC sees no peak oil demand long term, secretary general says
Reuters· 1 day agoOPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116...
Oil prices on track for positive week on OPEC hopes
Investing.com via Yahoo Finance· 8 hours agoBoth benchmarks are on course for gains of over 4% for the week, potentially their best week in over two months. Oil heads for positive week after OPEC+ assurances A bulk ...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand...
NBC Dallas Fort Worth· 1 day agoOPEC Secretary General Haitham Al Ghais called for continued investment in fossil fuels to prevent a...
Two Oil Deals Lay Bare the OPEC+ Problem
Bloomberg· 3 days agoLiam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote...
Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations
Reuters· 1 day agoRussia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the ...
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...
OPEC sticks to 2024 oil demand growth forecast but trims Q1 view
Reuters· 3 days agoOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024,...
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.
OPEC may soon lose its sway over global oil prices, IEA says
CNN Business via Yahoo Finance· 2 days agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum...
