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OPEC+ Laggards Have Presented Plans on Compensatory Oil Cuts
Bloomberg· 7 hours agoThe OPEC+ laggards who promised extra oil production cuts to make up for flouting quotas have...
Oil Markets Gazing Towards Next OPEC+ Meeting
Rigzone· 6 hours agoOil markets are increasingly gazing towards the OPEC+ meeting in June when the group will decide what to do with production in Q3-24. “Our view is that...
Biden is facing political pressure to make gas more expensive
Quartz· 3 hours agoPressure is building on Biden to ramp up sanctions enforcement against Russia, Iran, and Venezuela,...
Good news: The worst could be over for gas prices this spring
CNN Business via Yahoo Finance· 5 hours agoIsrael and Iran have been in open conflict. Ukrainian drones have repeatedly attacked Russian oil...
UAE announces petrol, diesel prices for May 2024
Gulf Business· 11 hours agoThe UAE fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 19 fils per litre in May.
Oil price forecasts raised as supply risks persist
Reuters· 7 hours agoOil prices are predicted to hold above $80 a barrel this year, with analysts polled by Reuters revising up their 2024 forecasts for a second time on...
The US economy may be barrelling towards stagflation, an outcome worse than recession
Business Insider via Yahoo Finance· 5 days agoThe precedent can offer a glimpse into how the US economic picture could unfold, and makes it clear...
'End of oil not in sight', OPEC Secretary General says in MEES article
Reuters via Yahoo Finance· 4 days agoThe end of oil is not in sight, OPEC's top official said, as the pace of energy demand growth means...
OPEC excited about Namibia partnership, sec gen says
Reuters· 6 days agoThe Organization of the Petroleum Exporting Countries (OPEC) is excited about a potential partnership with Namibia and ready to support the southern...
Oil Broadly Stable Amid Gaza Ceasefire Talks
The Wall Street Journal· 10 hours agoAccording to the New York Times, Israel is open to a deal involving an initial release of 33 hostages. Still, supply risks in the region remain high and...
