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Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 1 day agoRussia's oil output quota was 9.1 million barrels per day (mbbl/d) in May. This included small...
Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations
Reuters· 2 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· 16 hours 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.
OPEC sees no peak oil demand long term, secretary general says
Reuters· 2 days agoHathaim Al Ghais, writing in Energy Aspects, called the IEA report "dangerous commentary, especially...
OPEC sticks to 2024 oil demand growth forecast but trims Q1 view
Reuters· 4 days agoOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024,...
OPEC may soon lose its sway over global oil prices, IEA says
CNN Business via Yahoo Finance· 3 days agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum...
Two Oil Deals Lay Bare the OPEC+ Problem
Bloomberg· 4 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...
Khanna: Price-fixing case shows need for aggressive Big Oil investigations
San Jose Mercury News· 2 hours agoIn a blockbuster civil settlement reached in May, the Federal Trade Commission revealed that the...
3 Energy Stocks Primed for Success as Oil Trades Near $80
Zacks via Yahoo Finance· 1 day agoAs oil prices stay strong amid optimistic demand forecasts and tightening supplies, energy stocks...
Oil dips, but posts weekly gain on solid 2024 demand outlook
Reuters via Yahoo Finance· 2 days agoNEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday after a survey showed...