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OPEC’s Strategy To Outlast The Shale Boom
Forbes· 5 days agoSince 2008, the shale boom has grown U.S. oil production by about 9 million barrels per day. In the early days of the shale boom, when it wasn’t clear...
OPEC may soon lose its sway over global oil prices, IEA says | CNN Business
CNN.com· 2 days agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum...
OPEC Still Sees Strengthening Oil Demand as It Plans Supply Hike
Bloomberg· 3 days agoOPEC maintained forecasts for strengthening oil demand in the second half of the year, as the group...
Oil prices on track for weekly gain on solid demand outlook
Reuters· 1 hour agoOil prices fell on Friday but were on track for their first weekly gain in four weeks as markets...
OPEC+ Producers Are Caught Between Diverging Oil Forecasts
Bloomberg· 2 days agoAnalysts at producer and consumer agencies have different takes on how much the world needs. Have a...
Oil prices hold firm after rally as OPEC sticks to demand and steady economic growth forecasts
CNBC· 3 days agoCrude oil futures held to gains Tuesday as OPEC stuck to its demand forecasts, counting on steady...
How Joe Biden 'broke OPEC' and rewrote the rules for oil trading
MSNBC via Yahoo News· 6 days agoThe Organization of the Petroleum Exporting Countries, or OPEC, has had massive influence over...
OPEC sticks to 2024 oil demand growth forecast but trims Q1 view
New Hampshire Union Leader· 3 days agoOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024,...
Oil Prices Stall as OPEC Sticks To Demand Views
Barrons.com· 3 days agoOil futures are modestly lower after OPEC kept its demand growth estimates at 2.2. The report follows the June 2 decision by the producer group to start...
Global oil markets likely to face large supply deficits soon, says report
Offshore Technology via Yahoo Finance· 16 hours agoA global oil market supply deficit is likely to appear as 2024 progresses, and continue into 2025,...