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Oil prices set for best week in over 2 months on demand outlook
Reuters via Yahoo Finance· 8 hours agoSINGAPORE (Reuters) -Oil prices eased on Friday as markets evaluated the impact of U.S. interest...
Morningstar Says Oil Prices Look Weak
Rigzone· 26 minutes ago“Further, Saudi Arabia just sold $11 billion in stock in state-run Aramco, indicating both its need for cash to fund Vision 2030 efforts and its inability to defend oil prices,” they went on ...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand...
CNBC· 16 hours agoThe head of OPEC said Thursday that the world will need to invest in fossil fuels for decades to...
OPEC sees no peak oil demand long term, secretary general says
Reuters· 18 hours agoOPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116...
Oil prices dip but still set for positive week on OPEC hopes By Investing.com
Investing.com· 7 hours agoA bulk of crude’s gains this week came as prices rebounded from four-month lows, after the...
Two Oil Deals Lay Bare the OPEC+ Problem
Bloomberg· 3 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 may soon lose its sway over global oil prices, IEA says
NewsWatch 12 Medford - Klamath Falls· 2 days agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum...
Oil Set for Weekly Gains Despite Mixed Signs on Demand
The Wall Street Journal· 45 minutes agoOn the bearish side, the IEA lowered its demand-growth forecast and warned of a looming oil glut,...
Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations
Reuters· 19 hours agoRussia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the ...
USA EIA Lowers 2024 Brent Oil Price Forecast
Rigzone.com via Yahoo Finance· 19 hours agoThe EIA noted in its latest STEO that the Brent crude oil spot price averaged $82 per barrel in May, which it highlighted was down $8 per barrel from April. Daily spot prices also initially ...
