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OPEC sees no peak oil demand long term, secretary general says
Reuters· 7 days agoOPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116...
Oil & Gas Stock Roundup: Energy Companies Race to Consolidate
Zacks via Yahoo Finance· 2 hours ago(Matador to Grow Delaware Basin Presence With $1.9B Deal) 3. U.S.-based LNG developer NextDecade and...
OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 6 days 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.
Morningstar Says Oil Prices Look Weak
Rigzone· 6 days 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 ...
Crude Futures Settle Lower, But Post Weekly Gains
The Wall Street Journal· 6 days agoWhile OPEC kept its demand growth estimates unchanged, the IEA cut its forecast and predicts global oil demand will reach a peak by the end of this...
3 Dow Stocks to Buy Now: June 2024
InvestorPlace· 3 hours agoThe Dow Jones Industrial Average is lagging this year. Where both the Nasdaq Composite and S&P 500 are running ahead by double-digit percentages, the...
Saudi Arabia: Concluding Statement of the 2024 Article IV Mission
IMF· 6 days agoA Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are ...
Weekly recap: Cooling economy, political turmoil in France, bond rally, and Fed anticipations
The Forex Market· 3 days ago...0.1%, the S&P gave up 2 (essentially unchanged), the Nasdaq pushed higher – adding 21 or 0.1%,...
Warren Buffett Now Has an Almost 29% Stake in Occidental Petroleum (OXY) Stock
InvestorPlace· 2 days agoWhen legendary investor Warren Buffett is exceptionally bullish about a market opportunity, Wall...
Oil Rises Above $80 a Barrel as Equities Climb in Risk-On Rally
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Oil climbed, building on its biggest weekly advance since early April and extending a...
