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Oil market still set to tighten in second half of 2024 - UBS By Investing.com
Investing.com· 3 hours agoThe major energy agencies have all recently made revisions to the likely oil balances this year and...
OPEC sees no peak oil demand long term, secretary general says
Reuters· 6 days 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
Investing.com· 5 days agoBrent and WTI contracts were up over 3% for the week. A bulk of crude’s gains this week came as...
OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 5 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.
U.S. Crude Production Growth Challenges OPEC+ Control Over Prices
Oilprice.com via Yahoo Finance· 7 days agoOPEC+ extends oil production cuts until the end of 2025, aiming to stabilize crude prices and balance market demands in the face of U.S. crude production growth and weak demand concerns.
IEA Sees Major Oil Surplus This Decade
Rigzone· 6 days agoThe International Energy Agency (IEA) has forecast a surplus petroleum production of up to eight million barrels per day (MMbpd) by 2030 as cleaner transport and electricity generation drive ...
Will The World Have A Staggering Excess Of Oil By 2030?
Forbes· 5 days agoThe International Energy Agency (IEA) recently released its Oil 2024 report, which examines the...
Covid-19 creates supply and demand crisis for oil and gas
Offshore Technology via Yahoo Finance· 1 day agoWith the country seeing 60 new oil fields come online between 2016 and 2019, with a combined peak...
IEA's Monthly Oil Market Report: These Are the Key Takeaways
Zacks via Yahoo Finance· 6 days agoDespite IEA's somewhat tepid oil demand view, we believe the space is still a good one for investors...
New Energy Forecast Points to Cheaper Oil—and Gasoline
Barrons.com· 7 days agoThe IEA says oil demand is likely to top out around 106 million barrels per day by the end of the...