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OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 1 day 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· 1 day agoRussia has promised to meet its OPEC+ oil production targets in June after pumping too much oil in...
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...
Oil Posts Weekly Rebound From OPEC+ Dip as Fuels Show Strength
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Oil posted the largest weekly gain since April after OPEC+ clarified its plan to...
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,...
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...
OPEC Keeps Robust Oil-Demand Outlook After Output Policy Move
The Wall Street Journal· 4 days agoOPEC maintained its bullish outlook for oil-demand growth after setting out a plan to gradually...
Two Oil Deals Lay Bare the OPEC+ Problem
Bloomberg· 5 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...
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...
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...
