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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...
Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations
Reuters· 2 days agoRussia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the ...
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’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 21 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.
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...
Khanna: Price-fixing case shows need for aggressive Big Oil investigations
San Jose Mercury News· 7 hours agoIn a blockbuster civil settlement reached in May, the Federal Trade Commission revealed that the...
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.
Mills: OPEC+ sets production quotas
Times Record News via Yahoo Finance· 6 days agoThis week had a variety of energy news including OPEC+ decided to maintain current oil production level, Saudi Aramco sold $12 billion in stock, and ConocoPhillips and ...
Oil climbs on optimistic demand growth estimates for 2024
MSN News· 1 day agoBy Robert Harvey and Natalie Grover LONDON (Reuters) - Brent oil futures prices ticked higher on...
Morningstar Says Oil Prices Look Weak
Rigzone· 1 day 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 ...
