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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.
Members of Congress Call for DOJ to Investigate Possible Antitrust Violations in Oil Industry | JD...
JD Supra· 15 hours agoThis was followed by a similar letter on June 4 from members of the House of Representatives Judiciary Committee, urging the DOJ “to immediately open an investigation into a potential antitrust ...
Oil funds temper bearishness after OPEC+ reassurance
Reuters· 2 days agoPortfolio investors last week repurchased some of the petroleum they had sold the week before after Saudi Arabia and its OPEC+ allies stressed any future...
Oil Edges Lower as US Stockpile Build Tempers Investor Optimism
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- Oil edged lower, after earlier touching a seven-week high, as signs of further growth...
Oil Prices, Inflation, and Fed Policies: Stock Market Risks | Investing.com
Investing.com· 10 hours agoOil prices are down from 2024's highs and aiding a slowdown in inflation, lulling the market to...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand...
NBC Dallas Fort Worth· 6 days agoOPEC Secretary General Haitham Al Ghais called for continued investment in fossil fuels to prevent a...
OPEC may soon lose its sway over global oil prices, IEA says
News Channel Nebraska· 7 days agoBy Anna Cooban, CNN
Oil prices on track for weekly gains, rebounding from post-OPEC+-decision slide
Market Watch· 5 days agoOil futures were little changed early Friday, remaining on track for solid weekly gains that have...
Morningstar Says Oil Prices Look Weak
Rigzone· 6 days ago“Further, Saudi Arabia just sold $11 billion in stock in state-run Aramco, indicating both its need for cash to fund Vision 2030 efforts and its inability to defend oil prices,” they went on ...
Ex-Pioneer CEO Accused of OPEC Collusion Taps DC Lobbying Firm
Bloomberg via Yahoo Finance· 2 days ago...Sheffield, the former head of Pioneer Natural Resources Co., has hired a powerful Washington, DC...