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Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 6 days agoRussia has promised to meet its OPEC+ oil production targets in June after pumping too much oil in...
OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 5 days 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 funds temper bearishness after OPEC+ reassurance
Gulf Business· 21 hours agoInventories of both gasoline and diesel have been rising relative in the US, and consumption growth for oil remains tepid across some markets
Fossil fuel use, emissions hit records in 2023, report says
Reuters via Yahoo News· 4 hours agoGlobal fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil...
Oil edges higher as OPEC comments feed demand hopes
Reuters· 6 days agoOil prices rose slightly on Thursday in up-and-down trade, supported by an OPEC forecast for demand growth and as data showing an U.S. easing labor...
Fill ‘er up! Oil countries predict an oversupply of gasoline by 2030 – driving down prices at US...
The Independent via Yahoo News· 7 days agoMonday’s average was also more than 19 cents less than it was a month ago and over 14 cents below...
Oil dips, but posts weekly gain on solid 2024 demand outlook
Reuters via Yahoo Finance· 6 days agoNEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday after a survey showed...
WTI Oil Week Ahead: WTI Eyes $80 a Barrel on Demand Optimism
MarketPulse· 6 days agoWTI unfazed as OPEC and IEA forecast paint differing demand pictures. WTI oil prices are...
Gas prices are cheaper than last summer and miles away from the nightmare of 2022
CNN Business via Yahoo Finance· 6 days agoIndeed, even though the oil industry frequently battles with the White House over...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 6 days agoThe agency predicts 3% growth in consumption this year and an additional 2% in 2025, citing more demand for air conditioning and the high tech...
