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OPEC sees no peak oil demand long term, secretary general says
Reuters· 2 hours agoOPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116...
Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations
Reuters· 3 hours agoRussia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the ...
OPEC+ Unlikely to Raise Oil Output in 2024, Energy Aspects Says
Bloomberg via Yahoo Finance· 22 hours ago(Bloomberg) -- OPEC+ plus countries probably will not need to raise oil output later this year...
OPEC may soon lose its sway over global oil prices, IEA says
CNN Business via Yahoo Finance· 1 day agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum...
Oil prices could drop to $60 per barrel in 2025 as world faces 'substantial surplus,' Citi says
CNBC· 6 hours agoOil prices will likely plunge in 2025 as the market enters a "substantial surplus" on softening...
U.S. Crude Production Growth Challenges OPEC+ Control Over Prices
Oilprice.com via Yahoo Finance· 20 hours 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.
OPEC+ Output Increase Later This Year Is Unlikely, Analyst Says
Bloomberg· 22 hours agoOPEC+ plus countries probably will not need to raise oil output later this year without a ramp-up in...
OPEC sticks to 2024 oil demand growth forecast but trims Q1 view
Reuters· 2 days agoOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024,...
IEA's Monthly Oil Market Report: These Are the Key Takeaways
Zacks via Yahoo Finance· 4 hours agoDespite IEA's somewhat tepid oil demand view, we believe the space is still a good one for investors...
OPEC+ Producers Are Caught Between Diverging Oil Forecasts
Bloomberg· 1 day agoAnalysts at producer and consumer agencies have different takes on how much the world needs. Have a...