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OPEC⁺ surprise triggered record hedge fund oil sales
Reuters· 5 days agoPortfolio investors sold record volumes of petroleum last week after OPEC⁺ surprised the market by announcing plans to increase production starting from...
OPEC may soon lose its sway over global oil prices, IEA says
NewsWatch 12 Medford - Klamath Falls· 3 days agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum...
OPEC may soon lose its sway over global oil prices, IEA says
ABC12 Mid-Michigan· 3 days agoA looming glut in global oil supply could "upend" attempts by the Organization of the Petroleum...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 4 days agoPublished exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1510 ET – Oil futures post modest gains as OPEC keeps its bullish demand...
Oil edges higher as OPEC comments feed demand hopes
Reuters· 2 days agoOil prices rose slightly on Thursday in up-and-down trade, supported by an OPEC forecast for demand growth and as data showing an U.S. easing labor...
Oil prices could drop to $60 per barrel in 2025 as world faces 'substantial surplus,' Citi says
CNBC· 2 days agoOil prices will likely plunge in 2025 as the market enters a "substantial surplus" on softening...
Oil prices settle lower, but snap three-week losing streak on demand hopes
Investing.com via Yahoo Finance· 1 day agoInvesting.com-- Oil prices settled lower Friday, but still snapped a three-week losing streak, buoyed by hopes that a seasonal fuel demand over the summer period is poised to gather steam and dent crude stocks in the weeks ahead.
Oil Extends Biggest Gain Since February Ahead of OPEC Report
Bloomberg· 5 days agoOil held the biggest jump since March ahead of an OPEC report that will provide a snapshot on the...
Oil settles higher on forecasts for strong demand
Reuters via Yahoo Finance· 5 days agoEnergy Information Administration (EIA) raised its global oil demand growth forecast for the year, while OPEC stuck to its forecast for relatively strong...
Mills: OPEC+ sets production quotas
Times Record News via Yahoo Finance· 6 days agoThis week had a variety of energy news including OPEC+ decided to maintain current oil production level, Saudi Aramco sold $12 billion in stock, and ConocoPhillips and Marathon ...
