Search results
Russia exceeds OPEC+ May output target, vows to get back in line
Offshore Technology via Yahoo Finance· 5 days agoRussia's oil output quota was 9.1 million barrels per day (mbbl/d) in May. This included small...
Russian Crude Flows Climb Despite Pledge to Stiffen Output Curbs
Bloomberg via Yahoo News· 1 day ago(Bloomberg) -- Russia’s four-week average crude exports rose for a second straight week in the...
Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations
Reuters· 6 days agoRussia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the ...
OPEC sees no peak oil demand long term, secretary general says
Reuters· 6 days agoHathaim Al Ghais, writing in Energy Aspects, called the IEA report "dangerous commentary, especially...
OPEC may soon lose its sway over global oil prices, IEA says
CNN Business via Yahoo Finance· 7 days agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum...
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.
Gateway - Quartz
Quartz· 17 hours agoSaudi Arabia and Russia have announced cuts to the global oil supply to combat falling energy prices, building on several reductions by the Organization of the Petroleum Exporting ...
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 up after Fed comments, expected US crude stockpile drawdown
MSN News· 21 hours agoBy Georgina McCartney HOUSTON (Reuters) -Oil prices rose on Tuesday on cautious yet positive...
Oil Broadly Stable on Prospects of Tighter Market
The Wall Street Journal· 4 hours agoOil prices remained broadly stable in Europe on expectations of a tighter market in the summer, as investors weigh concerns over supply disruption risks...