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OPEC+ Gets Crumbs Of Comfort From 15% Uptick In India’s Monthly Oil Demand
Forbes· 17 hours agoAccording to LSEG Oil Research data, as cited by Reuters, Asia will end May having imported 27.81...
OPEC+ meeting could switch oil regime
The Forex Market· 1 day agoThe news media has been thickening the colours by pointing out the fall in discipline within OPEC+, which is producing well above quota, so the market is...
Oil falls as Fed policymakers look to maintain rate cuts, gasoline stocks rise
CNBC· 18 hours agoOil prices fell early on Friday as investors responded to comments from U.S. Fed officials who said...
OPEC to Meet Amid Signs of Waning Influence on Oil Prices
New York Times· 18 hours agoMajor producers, including Saudi Arabia and Russia, are set to gather virtually on Sunday. Over the...
Oil Slips in Risk-Off Mood as Attention Turns to OPEC+ Meeting
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- Oil futures dropped alongside equity markets as traders look ahead to Sunday’s OPEC+...
Oil price forecasts cut as supply risks trend lower
Reuters· 11 hours agoAnalysts have lowered their 2024 oil price forecast for the first time since February, reflecting lower risks to supply from ongoing wars in the Middle...
Saudi Arabia Eyes a Future Beyond Oil
New York Times· 3 days agoAt a two-hour drive from Riyadh, Saudi Arabia’s capital, rows of solar panels extend to the horizon like waves on an ocean. Despite having almost...
OPEC+ Works on Output Cut Accord That May Stretch Into 2025
Bloomberg· 1 day agoOPEC+ is pressing on with informal talks aimed at finalizing an agreement on oil-output cuts this...
Oil Falls After Swinging in Lackluster Weekly Trade
Rigzone· 2 hours agoFollowing the US holiday on Monday, oil spent the week swinging in a $3 directionless trade amid muted volumes. West Texas Intermediate fell to settle near $77 a barrel as ...
Oil Traders See 70% Chance of OPEC+ Holding Current Supply Curbs
Bloomberg· 6 hours agoOil traders see about an 70% chance that OPEC+ makes no changes to its current output cuts during...