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USA EIA Lowers 2024 Brent Oil Price Forecast
Rigzone.com via Yahoo Finance· 23 hours agoThe EIA noted in its latest STEO that the Brent crude oil spot price averaged $82 per barrel in May, which it highlighted was down $8 per barrel from April. Daily spot prices also initially ...
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 2 hours agoRussia has promised to meet its OPEC+ oil production targets in June after pumping too much oil in...
Oil Gains Limited by Uncertain Economic Outlook, Commerzbank Says
The Wall Street Journal· 2 hours agoBrent crude currently trades above $82 a barrel, while WTI is around $78 a barrel. Last week, both...
Oil prices dip but still set for positive week on OPEC hopes
Investing.com· 8 hours agoBrent and WTI contracts were up over 3% for the week. A bulk of crude’s gains this week came as...
Oil prices on track for weekly gains, rebounding from post-OPEC+-decision slide
Market Watch· 59 minutes agoOil futures were little changed early Friday, remaining on track for solid weekly gains that have...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand...
CNBC· 20 hours agoThe head of OPEC said Thursday that the world will need to invest in fossil fuels for decades to...
OPEC sees no peak oil demand long term, secretary general says
Reuters· 21 hours agoOPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116...
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· 22 hours agoRussia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the ...
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,...