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Reports of the petrodollar system’s demise are ‘fake news’ — here’s why
MarketWatch via Yahoo Finance· 3 days agoStories about the collapse of a longstanding “petrodollar” agreement between the U.S. and Saudi...
The smart money is preparing for Trumpflation
Yahoo Finance· 3 hours agoLabor shortages for much of the last three years have pushed wages up, another factor contributing to higher prices. Global energy markets are also much...
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 are up 10% in the last 2 weeks
Quartz· 5 hours agoA slight ding in supply and rising Middle East tensions are boosting the commodity
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 6 days agoRussia has promised to meet its OPEC+ oil production targets in June after pumping too much oil in...
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.
Oil prices settle higher as US crude, gasoline stocks fall By Investing.com
Investing.com· 10 hours agoOil prices settled higher Thursday, as traders digested falling crude inventories and ongoing rising...
Oil funds temper bearishness after OPEC+ reassurance
Gulf Business· 2 days agoInventories of both gasoline and diesel have been rising relative in the US, and consumption growth for oil remains tepid across some markets
Oil prices rise on US crude draw; jobs data feeds rate cut hopes
MSN News· 3 hours agoBy Deep Kaushik Vakil and Robert Harvey (Reuters) - Oil futures climbed on Thursday after the U.S....
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...
