Search results
OPEC may soon lose its sway over global oil prices, IEA says - ABC17NEWS
ABC17 NEWS· 1 day agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum Exporting Countries and its allies, or OPEC+, to prop up prices by cutting ...
Oil Prices Stall as OPEC Sticks To Demand Views
Barrons.com· 2 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...
Oil Extends Recovery as OPEC Taper Worries Ease
Barrons.com· 7 days agoCrude futures extend their recovery from the selloff early this week as OPEC ministers push back against the market reaction to their decision to start...
OPEC may soon lose its sway over global oil prices, IEA says
Erie News Now Plus· 1 day agoBy Anna Cooban, CNN
Peak oil demand before 2030 will usher in a major supply glut, the International Energy Agency says
Business Insider via Yahoo Finance· 17 hours agoThis massive oil production buffer will likely bring about lower oil prices worldwide, an unwelcome...
Oil Demand May Peak This Decade, the IEA Says. OPEC Has Other Ideas.
The Wall Street Journal· 1 day agoGet ready for a long period of low oil prices, says the International Energy Agency. A rapid rise in...
Oil settles higher on hopes Fed will track European Central Bank rate cuts
StreetInsider· 4 days agoHOUSTON (Reuters) -Oil settled up 2% on Thursday after the European Central Bank opted to cut interest rates, spurring hopes that the Fed will follow suit, and OPEC+ ministers ...
The World Will Be Swimming in Excess Oil by End of This Decade, IEA Says
The Wall Street Journal· 1 day ago“Such a massive oil production buffer could usher in a lower oil price environment, posing tough...
Oil prices hold firm after rally as OPEC sticks to demand and steady economic growth forecasts
CNBC· 2 days agoCrude oil futures held to gains Tuesday as OPEC stuck to its demand forecasts, counting on steady...
Fill ‘er up! Oil countries predict an oversupply of gasoline by 2030 – driving down prices at US...
The Independent via Yahoo News· 5 hours ago“Spare capacity at such levels could have significant consequences for oil markets – including for...