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U.S. Crude Production Growth Challenges OPEC+ Control Over Prices
Oilprice.com via Yahoo Finance· 3 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.
OPEC⁺ surprise triggered record hedge fund oil sales
Reuters· 4 days agoPortfolio investors sold record volumes of petroleum last week after OPEC⁺ surprised the market by announcing plans to increase production starting from...
Oil settles higher on forecasts for strong demand
Reuters via Yahoo Finance· 4 days agoEnergy Information Administration (EIA) raised its global oil demand growth forecast for the year, while OPEC stuck to its forecast for relatively strong...
Oil steady as investors await Fed meeting and inflation data
MSN News· 4 days agoBy Paul Carsten LONDON (Reuters) - Oil prices were largely steady on Tuesday as investors waited for...
FTSE 100 Live 10 June: Index lower on rates and political uncertainty, euro weakens
Evening Standard via Yahoo Finance· 4 days agoPolitical and interest rate uncertainty today meant another session in the red for leading European...
The May Commodities Rally Comes to an Abrupt End
Investing.com· 3 days agoOil prices were largely rangebound through much of May but have come under pressure in recent days. There are growing signs of weakness in the physical...
The Week in Oil: Demand Outlook, U.S. Inflation in Focus
Morningstar· 19 hours agoHere is a look at what happened in oil markets in the week of June 10-14 and what the focus will be in the days to come. OVERVIEW: Oil prices are on track for weekly gains, with both Brent crude ...
The World’s Flying Again and Jets Are Burning Fuel Like It’s 2019
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- Coming any minute now to a sky near you: a plane packed with people going on...
CNBC Daily Open: Apple shares pop, Musk drops OpenAI lawsuit
CNBC· 3 days agoThis report is from today's CNBC Daily Open, our international markets newsletter. Meanwhile, the...
Tech leads gains, bonds rally, PPI falls and European markets face turmoil
The Forex Market· 1 day agoNews Flashes all over the place. PPI surprises with notable ‘weakness’.
