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OPEC Still Sees Strengthening Oil Demand as It Plans Supply Hike
Bloomberg· 2 days agoOPEC maintained forecasts for strengthening oil demand in the second half of the year, as the group...
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 Futures Settle Higher in Sideways Trade
The Wall Street Journal· 1 hour agoCrude oil futures gained modestly in a session of ups and downs, with participants navigating this week’s conflicting demand outlooks, hawkish Fed, and...
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 sticks to 2024 oil demand growth forecast but trims Q1 view
New Hampshire Union Leader· 2 days agoOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024,...
Global oil markets likely to face large supply deficits soon, says report
Offshore Technology via Yahoo Finance· 11 hours agoA global oil market supply deficit is likely to appear as 2024 progresses, and continue into 2025,...
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...
IEA Forecasts Global Oil Glut By 2030, But This Expert Predicts Fuel Shortage Instead: 'We Are Just...
Benzinga· 11 hours agoThe International Energy Agency (IEA) forecasted that global oil markets are expected to experience...
Oil prices rise on rate cut cheer, OPEC+ soothes oversupply fears By Investing.com
Investing.com· 7 days agoInvesting.com-- Oil prices rose in Asian trade on Friday, extending a mid-week rebound after OPEC+...
