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Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations
Reuters· 6 hours agoRussia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the ...
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· 10 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· 23 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 ...
Oil prices rise on rate cut cheer, OPEC+ soothes oversupply fears By Investing.com
Investing.com· 7 days agoInvesting.com-- Oil prices rose in Asian trade on Friday, extending a mid-week rebound after OPEC+...
Oil Futures Settle Higher in Sideways Trade
Barrons.com· 1 hour agoOPEC kept its demand growth estimate at 2.2 million barrels a day, while the Paris-based IEA cut its projection to 960,000 barrels a day from 1.1 million...
Global oil markets likely to face large supply deficits soon, says report
Offshore Technology via Yahoo Finance· 10 hours agoThis will then fall a little to 1.41mbbl/d during 2025. The group argued that global oil markets...
2 No-Brainer Energy Stocks to Buy Right Now for Less Than $500
Motley Fool via Yahoo Finance· 22 hours agoThat's because the Organization of Petroleum Exporting Countries (OPEC+), which has cut production...
Crude Oil: Oversold Bounce Stalls at Key Resistance - Here's How to Trade It | Investing.com PH
Investing.com· 3 days agoPrices have been held back in recent weeks because of various factors, ranging from concerns over...
The World Will Be Swimming in Excess Oil by End of This Decade, IEA Says
The Wall Street Journal· 1 day agoOPEC+ oil-production capacity is forecast to grow by 1.4 million barrels a day from 2023 through...