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OPEC sees no peak oil demand long term, secretary general says
Gulf Business· 4 days agoOPEC+ members are cutting output by a total of 5.86 million bpd, or about 5.7% of global demand
Oil prices dip but still set for positive week on OPEC hopes
Investing.com· 7 days agoBrent and WTI contracts were up over 3% for the week. A bulk of crude’s gains this week came as...
Oil market still set to tighten in second half of 2024 - UBS By Investing.com
Investing.com· 1 day agoThe major energy agencies have all recently made revisions to the likely oil balances this year 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.
Assessing Europe's Economic Appetite Amid Political Uncertainty | Investing.com
Investing.com· 13 hours agoThe geopolitical tensions, tight OPEC supply, the rising summer demand, and reflation appetite are...
Will The World Have A Staggering Excess Of Oil By 2030?
Forbes· 7 days agoThe International Energy Agency (IEA) recently released its Oil 2024 report, which examines the...
Euro Zone Imports to Rise Further Despite Fears of China Trade Downturn. European Stocks Falling.
Barron s Online· 6 days agoGoods imports came down sharply in 2023, after the energy-price shock surge in 2022, and while this trend continued into 2024 it now appears to be reversing, Pantheon Macroeconomics economist ...
The Bare Facts About Oil and Gas in New Mexico
Carlsbad Current-Argus via Yahoo Finance· 4 days agoVirtually no one believes the billions of NEA-driven, non-accountable new dollars for education will lift the state one centimeter above our last-place...
Bank of America: Oil demand on the rocks
Investing.com via Yahoo Finance· 3 days agoThey explain that this slowdown is evident in both OECD and non-OECD countries, with US gasoline and diesel demand falling year-on-year in the second quarter. While supply ...
Demand for oil, coal and gas is going nowhere but up. Net Zero is dead
Daily Telegraph· 6 days agoOne major point of consensus related to global oil demand growth is the expectation that it will...