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OPEC sticks to oil demand view, shifts key forecast to OPEC+
Reuters via Yahoo Finance· 7 days agoLONDON (Reuters) -OPEC stuck to its forecast for strong growth in global oil demand in 2024 on...
OPEC leaves forecast for demand-growth unchanged
Market Watch· 7 days agoThe Organization of the Petroleum Exporting Countries on Tuesday left its forecast for 2024 oil-demand growth unchanged at 2.2 million barrels a day, or...
Analysis-Global oil markets weaken as sluggish demand leaves overhang
Reuters via Yahoo Finance· 12 hours agoGlobal physical crude oil markets are weakening because of soft refinery demand and ample supply,...
OPEC+ Potential Extension of Output Cuts Isn’t Done Deal, Goldman Says
The Wall Street Journal· 7 days agoOPEC+ is expected to extend output cuts at its June meeting, but recent mixed messages from Russia...
OPEC+ Reopens the Fraught Debate Over Its Members’ Oil Production Capacity
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- OPEC+ is once again grappling with the thorny question of how much oil its members...
Oil eases on worries about US inflation, interest rates
Reuters via Yahoo Finance· 24 hours agoNEW YORK (Reuters) -Oil prices eased less than 1% on Monday as U.S. Federal Reserve officials said...
Oil Prices Fall on Fear of High US Interest Rates Depressing Demand
US News & World Report· 36 minutes agoOil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest rates will depress consumer and industrial demand. Brent crude futures ...
OPEC+ likely to role over output cuts - UBS
Investing.com· 5 days agoThe Organisation of Petroleum Exporting Countries and allies, a group known as OPEC+, meets on June 1, and are set to evaluate their currency output cuts...
Oil ends at 9-week low after OPEC leaves demand forecast unchanged
Market Watch· 7 days agoThe OPEC report “did not bring anything new regarding future expectations for this year and next...
EIA Says OPEC+ Has Largely Adhered to Latest Cuts
Rigzone· 6 days agoIn its latest short term energy outlook (STEO), the U.S. Energy Information Administration (EIA) highlighted that, based on its estimates, “OPEC+...