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OPEC+ could extend oil cuts, formal talks yet to start, sources say
Investing.com· 9 hours agoOPEC and its allies have yet to begin formal talks on extending voluntary oil output cuts of 2.2...
Oil Watchers Expect OPEC+ to Extend Supply Cuts Into H2
Rigzone· 56 minutes agoOPEC+ is expected to prolong oil output cuts into the second half of the year as it seeks to stave off a global surplus and shore up prices. Saudi Arabia and its partners ...
Exxon to Close Pioneer Deal as FTC Forces Out Sheffield
Bloomberg via Yahoo Finance· 1 hour ago(Bloomberg) -- The US Federal Trade Commission declined to challenge Exxon Mobil Corp.’s $60 billion...
FTC to approve major Exxon deal — but exclude key executive over OPEC contacts
Politico· 18 hours agoPioneer and other producers in the region have also faced allegations in a private class-action...
FTC Says Ex-Pioneer CEO Tried to Collude With OPEC on Oil Prices
The Wall Street Journal· 1 hour agoThe allegations come as Exxon Mobil struck an agreement with antitrust enforcers not to add the...
US FTC signals Exxon deal approval, bars executive from board seat
Reuters via Yahoo Finance· 2 hours agoThe Federal Trade Commission signaled on Thursday it was prepared to green light Exxon Mobil's $60...
UAE’s Main Oil Company Raises Crude Production Capacity
Bloomberg· 2 hours agoThe United Arab Emirates’s main oil company said it had bolstered its production capacity, a month...
OPEC Oil Production Stays Steady, Leaving New Cuts Unfinished
Bloomberg· 24 hours agoOPEC’s crude production stayed steady last month, leaving the group’s latest cutbacks incomplete.
Asia's crude oil imports slip in April, trail OPEC forecasts: Russell
Reuters· 14 hours agoAsia's imports of crude oil slipped slightly in April from March, as increased arrivals in China failed to offset lower purchases elsewhere in the world's top-importing region. April imports ...
Oil Market Balance Expected to Improve Through 2024, Morningstar DBRS Says
The Wall Street Journal· 5 hours agoNEWSPLUS 0914 GMT – Global oil supply is expected to catch up with demand in the coming months,...