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FTC to approve major Exxon deal — but exclude key executive over OPEC contacts
Politico· 15 hours agoPioneer and other producers in the region have also faced allegations in a private class-action...
OPEC Oil Production Stays Steady, Leaving New Cuts Unfinished
Bloomberg· 20 hours agoOPEC’s crude production stayed steady last month, leaving the group’s latest cutbacks incomplete.
Oil Market Balance Expected to Improve Through 2024, Morningstar DBRS Says
The Wall Street Journal· 1 hour agoNEWSPLUS 0914 GMT – Global oil supply is expected to catch up with demand in the coming months,...
Asia's crude oil imports slip in April, trail OPEC forecasts: Russell
Reuters· 10 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 ...
UAE announces petrol, diesel prices for May 2024
Gulf Business· 2 days agoThe UAE fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 19 fils per litre in May.
OPEC+ Laggards Have Presented Plans on Compensatory Oil Cuts
Bloomberg· 2 days agoThe OPEC+ laggards who promised extra oil production cuts to make up for flouting quotas have...
Ex-Pioneer CEO Barred From Exxon Board for Megadeal to Close
The Wall Street Journal· 10 hours agoIt took years—and a crippling pandemic—for shale producers to agree. U.S. frackers fiercely competed...
Oil Rises After Dropping to Seven-Week Low on US Inventory Gain
Bloomberg via Yahoo Finance· 49 minutes ago(Bloomberg) -- Oil erased some of its losses after plunging Wednesday on a big jump in US crude...
Oil Markets Gazing Towards Next OPEC+ Meeting
Rigzone· 2 days agoOil markets are increasingly gazing towards the OPEC+ meeting in June when the group will decide what to do with production in Q3-24. “Our view is that...
US and Saudis Near Defense Pact Meant to Reshape Middle East
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- The US and Saudi Arabia are nearing a historic pact that would offer the kingdom...