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OPEC Still Sees Strengthening Oil Demand as It Plans Supply Hike
Bloomberg· 4 days agoOPEC maintained forecasts for strengthening oil demand in the second half of the year, as the group...
OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 21 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.
Oil Posts Weekly Rebound From OPEC+ Dip as Fuels Show Strength
Bloomberg via Yahoo Finance· 24 hours ago(Bloomberg) -- Oil posted the largest weekly gain since April after OPEC+ clarified its plan to...
WTI Oil Week Ahead: WTI Eyes $80 a Barrel on Demand Optimism
MarketPulse· 1 day agoWTI unfazed as OPEC and IEA forecast paint differing demand pictures. WTI oil prices are...
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 1 day agoRussia has promised to meet its OPEC+ oil production targets in June after pumping too much oil in...
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...
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 Companies in Trouble as Renewables Suddenly Mean They're Producing Way Too Much Oil
Futurism via Yahoo News· 6 hours agoThe oil industry may have a reckoning on the horizon. According to a new report from the...
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,...
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...
