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OPEC sees no peak oil demand long term, secretary general says
Gulf Business· 17 hours agoOPEC+ members are cutting output by a total of 5.86 million bpd, or about 5.7% of global demand
Oil funds temper bearishness after OPEC+ reassurance
Reuters· 10 hours agoPortfolio investors last week repurchased some of the petroleum they had sold the week before after Saudi Arabia and its OPEC+ allies stressed any future...
Oil prices dip but still set for positive week on OPEC hopes
Investing.com· 4 days agoBrent and WTI contracts were up over 3% for the week. A bulk of crude’s gains this week came as...
Shale Giant EOG Sees Balanced Global Oil Market on OPEC+ Reductions
Bloomberg· 3 hours agoCoordinated crude output reductions by the Organization of Petroleum Exporting Countries and its...
Ex-Pioneer CEO Accused of OPEC Collusion Taps DC Lobbying Firm
Bloomberg via Yahoo News· 6 hours ago...Sheffield, the former head of Pioneer Natural Resources Co., has hired a powerful Washington, DC...
OPEC+ Unlikely to Raise Oil Output in 2024, Energy Aspects Says
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- OPEC+ plus countries probably will not need to raise oil output later this year...
Reports of the petrodollar system’s demise are ‘fake news’ — here’s why
MarketWatch via Yahoo Finance· 11 hours agoStories about the collapse of a longstanding “petrodollar” agreement between the U.S. and Saudi...
OPEC sticks to 2024 oil demand growth forecast but trims Q1 view
Reuters· 6 days agoOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024,...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 2 hours agoThe Nymex front month is off 3% at $2.794/mmBtu. (anthony.harrup@wsj.com) 2131 ET – Brent oil futures are now tracking between $80‑$85/barrel and are...
OPEC Keeps Robust Oil-Demand Outlook After Output Policy Move
The Wall Street Journal· 6 days agoOPEC maintained its bullish outlook for oil-demand growth after setting out a plan to gradually...
