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Bottom Line: Oil magnate accused of OPEC collusion brings on top lobbying shop
The Hill· 4 hours agoThe regulator accused Sheffield last month of trying to collude with OPEC to inflate prices, which...
OPEC sees no peak oil demand long term, secretary general says
Reuters· 5 days agoOPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116...
Oil up on firming demand, Mideast tensions underpin risk premium
CNBC· 17 hours agoOil prices ticked up in early trade on Tuesday, extending gains from the previous session on a...
Members of Congress Call for DOJ to Investigate Possible Antitrust Violations in Oil Industry
The National Law Review· 3 hours agoThis was followed by a similar letter on June 4 from members of the House of Representatives...
Oil funds temper bearishness after OPEC+ reassurance
Reuters· 1 day 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...
Russian Crude Flows Climb Despite Pledge to Stiffen Output Curbs
Bloomberg via Yahoo News· 7 hours ago(Bloomberg) -- Russia’s four-week average crude exports rose for a second straight week in the...
US Shale Oil Output to Grow for Years Before Peaking, HSBC Says
Bloomberg via Yahoo News· 3 hours ago(Bloomberg) -- US shale drillers will continue to raise oil production for years before the...
Ex-Pioneer CEO Accused of OPEC Collusion Taps DC Lobbying Firm
Bloomberg· 1 day agoHave a confidential tip for our reporters? Scott Sheffield, the former head of Pioneer Natural...
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 4 days agoRussia has promised to meet its OPEC+ oil production targets in June after pumping too much oil in...
OPEC+ Unlikely to Raise Oil Output in 2024, Energy Aspects Says
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- OPEC+ plus countries probably will not need to raise oil output later this year...