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Oil prices dip but still set for positive week on OPEC hopes
Investing.com· 3 days agoBrent and WTI contracts were up over 3% for the week. A bulk of crude’s gains this week came as...
Crude oil steady ahead of key inflation data, Fed meeting By Investing.com
Investing.com· 6 days agoThis represented something of a recovery after last week’s sharp losses in the wake of the meeting...
Two Oil Deals Lay Bare the OPEC+ Problem
Bloomberg· 6 days agoLiam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote...
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 3 days agoRussia has promised to meet its OPEC+ oil production targets in June after pumping too much oil in...
Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations
Reuters· 4 days agoRussia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the ...
OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 2 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 Rebounds, Gaining 6.6% YTD as Investors Eye Fed Meeting and OPEC Reports | Investing.com Canada
Investing.com· 6 days agoCommodities Analysis by The Tokenist (Timothy Fries) covering: Brent Oil Futures, Crude Oil WTI...
U.S. Crude Production Growth Challenges OPEC+ Control Over Prices
Oilprice.com via Yahoo Finance· 4 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.
Morningstar Says Oil Prices Look Weak
Rigzone· 3 days ago“Further, Saudi Arabia just sold $11 billion in stock in state-run Aramco, indicating both its need for cash to fund Vision 2030 efforts and its inability to defend oil prices,” they went on ...
OPEC+ Producers Are Caught Between Diverging Oil Forecasts
Bloomberg· 5 days agoAnalysts at producer and consumer agencies have different takes on how much the world needs. Have a...
