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Reports of the petrodollar system’s demise are ‘fake news’ — here’s why
MarketWatch via Yahoo Finance· 4 days agoStories about the collapse of a longstanding “petrodollar” agreement between the U.S. and Saudi...
OPEC sees no peak oil demand long term, secretary general says
Gulf Business· 4 days agoOPEC+ members are cutting output by a total of 5.86 million bpd, or about 5.7% of global demand
Oil funds temper bearishness after OPEC+ reassurance
Gulf Business· 2 days agoInventories of both gasoline and diesel have been rising relative in the US, and consumption growth for oil remains tepid across some markets
Oil prices are up 10% in the last 2 weeks
Quartz· 21 hours agoA slight ding in supply and rising Middle East tensions are boosting the commodity
Oil Headed for Weekly Gains on Bullish Demand Signals
The Wall Street Journal· 6 hours agoNEWSPLUS 0750 GMT – Oil prices are on track for weekly gains as signs of a tightening market and...
Bottom Line: Oil magnate accused of OPEC collusion brings on top lobbying shop
The Hill via AOL· 3 days agoOil and gas Brownstein Hyatt Farber Schreck registered to lobby on issues related to the Federal...
Oil Set for Second Weekly Gain as Markets Trade in Narrow Range
Bloomberg via Yahoo Finance· 33 minutes ago(Bloomberg) -- Oil headed for a second consecutive weekly gain, with futures contracts trading in a...
OPEC’s Trillion-Dollar Bet Against U.S. Shale
Oilprice.com via Yahoo Finance· 7 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.
India's May oil imports: Russia at record high, Saudi lowest in 10-mth
Reuters· 1 hour agoIndia's oil imports from Russia rose to a record of about 2.1 million barrels per day (bpd) in May as discounts for Russian oil widened on lower demand from China, according to trade sources ...
Oil Flat on Mixed Data From China
Barrons.com· 4 days agoOil prices were broadly stable on Monday as traders digest mixed data from top consumer China. Brent crude and WTI were both flat at $82.61 and $78.05 a...
