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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· 19 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· 1 day 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· 22 hours ago(Bloomberg) -- Oil posted the largest weekly gain since April after OPEC+ clarified its plan to...
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 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...
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...
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...
Crude Futures Settle Lower, But Post Weekly Gains
The Wall Street Journal· 21 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...