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Oil prices on track for weekly gain on solid demand outlook
Reuters via Yahoo Finance· 2 hours agoOil prices fell on Friday but were on track for their first weekly gain in four weeks as markets...
OPEC sees no peak oil demand long term, secretary general says
Reuters· 12 hours agoOPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand...
CNBC· 10 hours agoThe head of OPEC said Thursday that the world will need to invest in fossil fuels for decades to...
China’s Oil Refiners Are Slowing Down After Decades of Growth
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- China’s decades-long boom in oil processing could falter this year in a blow to...
Oil prices dip but still set for positive week on OPEC hopes
Investing.com via Yahoo Finance· 5 hours agoInvesting.com-- Oil prices fell in Asian trade on Friday as traders locked-in some profits at the end of a positive week, with crude prices set for their first weekly gain in four on hopes of tighter supplies.
OPEC+ Unlikely to Raise Oil Output in 2024, Energy Aspects Says
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- OPEC+ plus countries probably will not need to raise oil output later this year...
U.S. Crude Production Growth Challenges OPEC+ Control Over Prices
Oilprice.com via Yahoo Finance· 1 day 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.
Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations
Reuters· 13 hours agoRussia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the ...
OPEC+ Output Increase Later This Year Is Unlikely, Analyst Says
Bloomberg· 1 day agoOPEC+ plus countries probably will not need to raise oil output later this year without a ramp-up in...
OPEC may soon lose its sway over global oil prices, IEA says
CNN Business via Yahoo Finance· 2 days agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum...
