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OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 10 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.
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 21 hours agoRussia has promised to meet its OPEC+ oil production targets in June after pumping too much oil in...
Oil Posts Weekly Rebound From OPEC+ Dip as Fuels Show Strength
Bloomberg via Yahoo Finance· 13 hours ago(Bloomberg) -- Oil posted the largest weekly gain since April after OPEC+ clarified its plan to...
Crude Futures Settle Lower, But Post Weekly Gains
The Wall Street Journal· 12 hours agoWhile OPEC kept its demand growth estimates unchanged, the IEA cut its forecast and predicts global oil demand will reach a peak by the end of this...
Oil prices on track for weekly gains, rebounding from post-OPEC+-decision slide
Market Watch· 21 hours agoOil futures were little changed early Friday, remaining on track for solid weekly gains that have...
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...
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 sees no peak oil demand long term, secretary general says
Reuters· 2 days agoOPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116...
The Energy Report: Throwing a Flag Day | Investing.com
Investing.com· 19 hours agoIt’s Flag Day today and what better day to point out that OPEC called a penalty flag on the...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand...
CNBC· 2 days agoThe head of OPEC said Thursday that the world will need to invest in fossil fuels for decades to...