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OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 6 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 ...
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 7 days agoLast week, Abdulaziz bin Salman Al Saud, Saudi Arabia’s Energy Minister, hit back at criticism of...
Oil expected to fall into $60 range in 2025 as inventories build: Citi
Yahoo Finance· 7 hours agoOil prices are expected to stay in the mid-$80 range this summer, but increasing supply and slowing...
Members of Congress Call for DOJ to Investigate Possible Antitrust Violations in Oil Industry | JD...
JD Supra· 2 days agoAntitrust Division to “use every tool” to investigate the oil industry for potential violations of the Sherman Antitrust Act, including price fixing. This was followed by a similar letter on ...
Oil funds temper bearishness after OPEC+ reassurance
Reuters· 4 days 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 & Gas Stock Roundup: Energy Companies Race to Consolidate
Zacks via Yahoo Finance· 14 hours agoMatador's CEO, Joseph Wm. Foran, emphasized the strategic nature of this bolt-on acquisition,...
U.S. crude oil trades above $82 per barrel, on pace for second weekly gain in a row
CNBC· 13 hours agoU.S. crude rose Thursday to trade above $82 per barrel, with the benchmark heading for its second...
Oil jumps, settles at highest in over a month on demand optimism
Investing.com· 4 days agoWest Texas Intermediate crude futures gained by $1.88, or 2.4%, to settle at $80.33 a barrel, the...
Oil Companies in Trouble as Renewables Suddenly Mean They're Producing Way Too Much Oil
Futurism via Yahoo News· 6 days agoThe oil industry may have a reckoning on the horizon. According to a new report from the...
Nvidia Surpasses Microsoft as the World's Most Valuable Company
Investing.com· 2 days agoNvidia Surpasses Microsoft as the World's Most Valuable Company