Search results
Reports of the petrodollar system’s demise are ‘fake news’ — here’s why
MarketWatch via Yahoo Finance· 4 days agoStories about the collapse of a longstanding “petrodollar” agreement between the U.S. and Saudi...
OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 6 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.
Bottom Line: Oil magnate accused of OPEC collusion brings on top lobbying shop
The Hill via AOL· 3 days agoOil and gas Brownstein Hyatt Farber Schreck registered to lobby on issues related to the Federal...
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 7 days agoRussia's oil output quota was 9.1 million barrels per day (mbbl/d) in May. This included small...
OPEC sees no peak oil demand long term, secretary general says
Gulf Business· 4 days agoOPEC+ members are cutting output by a total of 5.86 million bpd, or about 5.7% of global demand
The smart money is preparing for Trumpflation
Yahoo Finance via AOL· 8 hours agoThe answer is that the COVID pandemic and geopolitical events such as Russia’s invasion of Ukraine have transformed the economy and left far less margin...
Oil prices dip but still set for positive week on OPEC hopes
Investing.com· 7 days agoS. interest rates, after the Federal Reserve said it saw much fewer interest rate cuts in 2024 than...
Members of Congress Call for DOJ to Investigate Possible Antitrust Violations in Oil Industry | JD...
JD Supra· 2 days agoAntitrust Division to “use every tool” to investigate the oil industry for potential violations of the Sherman Antitrust Act, including price fixing. This was followed by a similar letter on ...
Oil prices are up 10% in the last 2 weeks
Quartz· 10 hours agoA slight ding in supply and rising Middle East tensions are boosting the commodity
Oil Posts Biggest Weekly Gain Since April as Fuels Strengthen
Rigzone· 6 days agoOil posted the largest weekly gain since April after OPEC+ clarified its plan to return some output to the market and fuel markets showed signs of strength. Gasoline futures ...
