Search results
Oil Prices Jump 2% on Improving Demand Outlook
Oilprice.com via Yahoo Finance· 14 hours ago"The outlook for strong fuel demand into the coming quarter and Saudi reassurance about the October hike being subject to prevailing conditions and added focus on quota breakers ...
We’ll soon live in a world with a ‘staggering’ excess of oil that we can’t fully use, global energy...
Fortune· 5 days ago“This would result in levels of spare capacity never seen before other than at the height of the COVID-19 lockdowns in 2020,” the IEA said. “Such a massive oil production ...
Two Oil Deals Lay Bare the OPEC+ Problem
Bloomberg· 7 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...
Oil funds temper bearishness after OPEC+ reassurance
Reuters· 19 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...
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 4 days agoLast week, Abdulaziz bin Salman Al Saud, Saudi Arabia’s Energy Minister, hit back at criticism of...
Crude oil prices today: WTI prices are up 7.16% this year
USA Today· 17 hours agoWTI futures traded around $78.70 per barrel, as of 9 a.m. ET. That’s a drop of 0.56% in the last 24...
The World Will Be Swimming in Excess Oil by End of This Decade, IEA Says
The Wall Street Journal· 6 days agoOPEC+ oil-production capacity is forecast to grow by 1.4 million barrels a day from 2023 through...
3 Energy Stocks Primed for Success as Oil Trades Near $80
Zacks via Yahoo Finance· 4 days agoAs oil prices stay strong amid optimistic demand forecasts and tightening supplies, energy stocks...
Oil edges up as summer demand hopes offset downbeat China data By Reuters
Investing.com· 1 day agoLONDON (Reuters) -Oil edged higher on Monday as hopes for a boost to demand from the summer driving...
U.S. Crude Production Growth Challenges OPEC+ Control Over Prices
Oilprice.com via Yahoo Finance· 5 days 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.
