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OPEC Oil Production Stays Steady, Leaving New Cuts Unfinished
Bloomberg· 12 hours agoOPEC’s crude production stayed steady last month, leaving the group’s latest cutbacks incomplete.
Ex-Pioneer CEO Barred From Exxon Board for Megadeal to Close
The Wall Street Journal· 2 hours agoU.S. frackers fiercely competed for years with OPEC for market share. At a 2017 dinner in...
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...
Asia's crude oil imports slip in April, trail OPEC forecasts: Russell
Reuters· 2 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 ...
FTC to approve major Exxon deal — but exclude key executive over OPEC contacts
Politico via Yahoo Finance· 6 hours agoSheffield played a key role in those talks dating back to 2017, according to the lawsuits. That led,...
Marathon Oil narrowly beats first quarter profit estimates on higher prices
Reuters· 5 hours ago, opens new tab narrowly beat first-quarter profit estimates on Wednesday, helped by higher oil and...
Oil prices drop amid rising inventories, diplomatic push for Gaza ceasefire
Yahoo Finance via AOL· 10 hours agoOil alliance OPEC+ is slated to meet next month to determine whether to extend its production cuts...
Oil Producers Flush With Cash Cut Reliance on Funding Markets
Rigzone· 2 days ago“The oil and gas industry has experienced a number of booms and busts over the past few decades, but...
Saudi Arabia's Q1 GDP shrinks by estimated 1.8% y/y as oil sector weighs
Reuters· 19 hours agoThe kingdom's GDP had shrunk 3.7% in the fourth quarter of 2023, as cuts to oil production and lower...
Oil falls for a third day as U.S. crude inventories swell By Reuters
Investing.com· 1 day agoOil prices fell for a third day on Wednesday on rising crude inventories and production in the U.S.,...