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OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 5 days 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.
U.S. Crude Production Growth Challenges OPEC+ Control Over Prices
Oilprice.com via Yahoo Finance· 7 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.
Oil’s last ‘hurrah’ is coming. Here’s the commodity investors should be buying instead, says Citi
MarketWatch via Yahoo Finance· 7 days agoCiti sees global oil balances moving into a “meaningful surplus,” even if OPEC and its allies extend...
Oil prices settle lower, but snap three-week losing streak on demand hopes
Investing.com· 5 days agoA bulk of crude’s gains this week came as prices rebounded from four-month lows, after the...
Russian Crude Flows Climb Despite Pledge to Stiffen Output Curbs
Bloomberg via Yahoo News· 22 hours ago(Bloomberg) -- Russia’s four-week average crude exports rose for a second straight week in the...
Morningstar Says Oil Prices Look Weak
Rigzone· 5 days ago“Further, Saudi Arabia just sold $11 billion in stock in state-run Aramco, indicating both its need for cash to fund Vision 2030 efforts and its inability to defend oil prices,” they went on ...
WTI Oil Week Ahead: WTI Eyes $80 a Barrel on Demand Optimism
MarketPulse· 5 days agoWTI unfazed as OPEC and IEA forecast paint differing demand pictures. WTI oil prices are...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 5 days agoGain insight on the U.S. rig count, PTT Exploration and Production, Hunting, Equinor and more in the latest Market Talks covering Energy and Utilities.
Oil prices on track for weekly gain on solid demand outlook By Reuters
Investing.com· 5 days agoWest Texas Intermediate (WTI) U.S. crude futures lost 79 cents, or 1%, to trade at $77.84 a barrel,...
In first, EPA union endorses Biden
The Hill· 13 hours agoWelcome to The Hill’s Energy & Environment newsletter{beacon} Energy & Environment Energy & Environment The Big Story In first, EPA union endorses Biden...
