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Oil Gains Limited by Uncertain Economic Outlook, Commerzbank Says
The Wall Street Journal· 8 hours agoBrent crude currently trades above $82 a barrel, while WTI is around $78 a barrel. Last week, both...
OPEC sees no peak oil demand long term, secretary general says
Reuters· 1 day agoOPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116...
Two Oil Deals Lay Bare the OPEC+ Problem
Bloomberg· 3 days agoLiam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote...
Oil pares gains on weak U.S. consumer sentiment
Reuters via Yahoo Finance· 17 hours agoNEW YORK (Reuters) -Brent oil futures prices pared gains on Friday, but were still on course for their best week in months as investors weighed an...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand...
NBC Dallas Fort Worth· 1 day agoOPEC Secretary General Haitham Al Ghais called for continued investment in fossil fuels to prevent a...
Oil Headed for Best Week in 2 Months: Energy ETFs in Focus
Zacks via Yahoo Finance· 3 hours agoImproving Demand Picture The Organization of the Petroleum Exporting Countries (“OPEC”) expects...
USA EIA Lowers 2024 Brent Oil Price Forecast
Rigzone.com via Yahoo Finance· 1 day agoThe EIA noted in its latest STEO that the Brent crude oil spot price averaged $82 per barrel in May, which it highlighted was down $8 per barrel from April. Daily spot prices also initially ...
OPEC Keeps Robust Oil-Demand Outlook After Output Policy Move
The Wall Street Journal· 3 days agoOPEC maintained its bullish outlook for oil-demand growth after setting out a plan to gradually...
Oil prices could drop to $60 per barrel in 2025 as world faces 'substantial surplus,' Citi says
CNBC· 1 day agoOil prices will likely plunge in 2025 as the market enters a "substantial surplus" on softening...
OPEC sticks to 2024 oil demand growth forecast but trims Q1 view
Reuters· 3 days agoOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024,...