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OPEC+ likely to role over output cuts - UBS
Investing.com· 5 days agoOPEC+ oil producers are making voluntary output cuts totalling about 2.2 million barrels per day for the first half of 2024, led by Saudi Arabia rolling...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 5 hours agoRecent oil-price declines likely reduce chances of OPEC+ scaling back production cuts in June, says Elias Hilmer, assistant economist ...
Oil prices up after US economic data strengthens rate cut expectations
Gulf Business· 4 days agoEquities, which tend to move in tandem with oil prices, rose on the rate cut hopes, with the Dow...
Oil flirts with breaking below $78 after sluggish demand forecast from IEA
The Forex Market· 6 days agoOil hangs around $78.00 after both OPEC and IEA released their monthly reports. While OPEC stuck to...
Oil prices settle higher to wrap up weekly gain as economic data lift demand hopes By Investing.com
Investing.com· 4 days agoOil prices settled higher Friday, wrapping up the week with a win as signs of slowing U.S. inflation...
Opinion: The one number that could decide the fate of Biden and Trump
CNN via Yahoo Finance· 10 hours agoIf gasoline falls toward $3 a gallon by election day, President Joe Biden should win re-election,...
New Bloomberg Study Warns of $150 Oil
Rigzone· 7 days agoEconomics (BE), “an escalation to a direct war between Israel and Iran could result in oil prices rising to $150 a barrel and global output cut by $1...
Exclusive: US to favor existing investors for Venezuela oil licenses, say sources
Reuters· 4 days agoThe U.S. is preparing to prioritize issuing limited licenses to operate in Venezuela to companies...
The commodities feed: Rangebound trading for Oil
The Forex Market· 7 days agoWhile oil prices strengthened yesterday, they remain relatively rangebound as the market waits for further clarity on OPEC+ output policy. Oil& ...
Merger Mayhem: FTC's Oil Sector Crackdown Puts These 3 Pending Deals at Risk
InvestorPlace· 6 days agoExxonMobil (NYSE:XOM) recently completed its $60 billion acquisition of Pioneer Natural Resources....
