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OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 1 day agoOPEC's strategy to defend market share against US shale oil production has cost them trillions in lost revenue, but they may finally be seeing a light at the end of the tunnel as US production flattens.
WTI Oil Week Ahead: WTI Eyes $80 a Barrel on Demand Optimism
MarketPulse· 1 day agoWTI unfazed as OPEC and IEA forecast paint differing demand pictures. WTI oil prices are...
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 2 days agoRussia has promised to meet its OPEC+ oil production targets in June after pumping too much oil in...
Oil Posts Weekly Rebound From OPEC+ Dip as Fuels Show Strength
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Oil posted the largest weekly gain since April after OPEC+ clarified its plan to...
OPEC sticks to 2024 oil demand growth forecast but trims Q1 view
Reuters· 4 days agoOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024,...
Oil dips, but posts weekly gain on solid 2024 demand outlook
Reuters via Yahoo Finance· 2 days agoNEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday after a survey showed...
3 Energy Stocks Primed for Success as Oil Trades Near $80
Zacks via Yahoo Finance· 1 day agoAs oil prices stay strong amid optimistic demand forecasts and tightening supplies, energy stocks...
OPEC Keeps Robust Oil-Demand Outlook After Output Policy Move
The Wall Street Journal· 4 days agoOPEC maintained its bullish outlook for oil-demand growth after setting out a plan to gradually...
Two Oil Deals Lay Bare the OPEC+ Problem
Bloomberg· 5 days agoLiam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand...
CNBC· 2 days agoThe head of OPEC said Thursday that the world will need to invest in fossil fuels for decades to...