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USA EIA Lowers 2024 Brent Oil Price Forecast
Rigzone.com via Yahoo Finance· 22 hours ago“The extension of OPEC+ cuts through 3Q24 led us to reduce our forecast for OPEC+ oil production for the rest of 2024,” the EIA said in the report. “< ...
Oil Gains Limited by Uncertain Economic Outlook, Commerzbank Says
The Wall Street Journal· 2 hours ago“We consider the price recovery to be justified,” commodity analyst Barbara...Commerzbank Research,...
Oil Steadies as Russia Plans Production Cuts
Rigzone· 16 hours agoOil steadied after strong gains to start the week, with US economic data signaling inflation is cooling while Russia agreed to dial back output. A report on Thursday showed ...
US Oil Output to Fall Next Year Unless Rig Counts Rise, Key Energy Investor Says
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- US oil production is set to decline about 1 million barrels per day by the second...
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 48 minutes agoAt the start of June, OPEC+ agreed to extend most of its oil output cuts into 2025 as the group...
EIA: Permian Basin to help drive record oil production levels in 2024, 2025 - Talk Business &...
Talk Business & Politics· 2 days agoAccording to the U.S. Energy Information Administration (EIA), crude oil production in the Permian...
Fill ‘er up! Oil countries predict an oversupply of gasoline by 2030 – driving down prices at US...
The Independent via Yahoo News· 1 day ago“This year, we expect demand to rise by around 1 million barrels per day. This report’s...
Russian oil production to remain stable over next 5 years despite sanctions
Ukrayinska Pravda via Yahoo Finance· 2 days agoOil production in Russia will remain stable over the next five years, despite international...
Gas prices are cheaper than last summer and miles away from the nightmare of 2022
CNN Business via Yahoo Finance· 1 hour ago“Just think about where gasoline prices would be without US shale,” said Rob Thummel, senior...
Is SPDR S&P Oil & Gas Exploration & Production ETF (XOP) a Strong ETF Right Now?
Zacks via Yahoo Finance· 1 day agoThe fund has a beta of 1.70 and standard deviation of 35.95% for the trailing three-year period,...
