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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,...
Global oil markets likely to face large supply deficits soon, says report
Offshore Technology via Yahoo Finance· 15 hours agoA global oil market supply deficit is likely to appear as 2024 progresses, and continue into 2025,...
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...
Oil Futures Settle Higher in Sideways Trade
The Wall Street Journal· 6 hours agoCrude oil futures gained modestly in a session of ups and downs, with participants navigating this week’s conflicting demand outlooks, hawkish Fed, and...
Oil prices steady ahead of OPEC report, more rate cues By Investing.com
Investing.com· 4 days agoInvesting.com-- Oil prices rose slightly in Asian trade on Monday, steadying after three straight...
OPEC may soon lose its sway over global oil prices, IEA says
Erie News Now Plus· 1 day agoBy Anna Cooban, CNN
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 14 hours agoRead about oil futures, Equinor, Hunting and more in the latest Market Talks covering Energy and Utilities.
OPEC+ Plan Turns Hedge Funds Least Bullish on Crude in a Decade
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- Hedge funds dumped bullish bets on Brent crude and ramped up shorts against the...
OPEC⁺ surprise triggered record hedge fund oil sales
Reuters· 3 days agoPortfolio investors sold record volumes of petroleum last week after OPEC⁺ surprised the market by announcing plans to increase production starting from...
Oil Price Outlook More Bullish Than Selloff Suggests: Fund Manager
Oilprice.com via Yahoo Finance· 7 days agoPortfolio manager Eric Nuttall argues that the recent oil selloff is unjustified and that the price outlook is more bullish than many believe due to a misunderstanding of OPEC+ plans.