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OPEC sees no peak oil demand long term, secretary general says
Gulf Business· 5 days 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
Gulf Business· 3 days agoInventories of both gasoline and diesel have been rising relative in the US, and consumption growth for oil remains tepid across some markets
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 2 hours agoRebecca Babin, senior energy trader at CIBC Private Wealth US, sees a chance for further gains throughout summer, while the outlook into year-end and...
Reports of the petrodollar system’s demise are ‘fake news’ — here’s why
MarketWatch via Yahoo Finance· 4 days agoStories about the collapse of a longstanding “petrodollar” agreement between the U.S. and Saudi...
Bottom Line: Oil magnate accused of OPEC collusion brings on top lobbying shop
The Hill via AOL· 3 days agoOil and gas Brownstein Hyatt Farber Schreck registered to lobby on issues related to the Federal...
Oil prices are up 10% in the last 2 weeks
Quartz· 1 day agoA slight ding in supply and rising Middle East tensions are boosting the commodity
Oil up on firming demand, Mideast tensions underpin risk premium
WSAU Wausau· 4 days agoBy Georgina McCartney (Reuters) - Oil prices ticked up in early trade on Tuesday, extending gains...
OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 7 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.
Here’s what to expect from gold, oil and other commodities in the second half of 2024
Market Watch· 2 hours agoDespite some big moves, “there’s nothing particularly surprising about the current markets,” said...
Oil Headed for Weekly Gains on Bullish Demand Signals
The Wall Street Journal· 10 hours agoNEWSPLUS 0750 GMT – Oil prices are on track for weekly gains as signs of a tightening market and...
