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OPEC+ could extend oil cuts, formal talks yet to start, sources say
Reuters· 18 minutes agoOPEC and its allies have yet to begin formal talks on extending 2.2 million barrels per day of...
Oil-Watchers Expect OPEC+ to Extend Supply Cuts Into Second Half
Bloomberg via Yahoo Finance· 1 hour ago(Bloomberg) -- OPEC+ is expected to prolong oil output cuts into the second half of the year as it...
OPEC Oil Production Stays Steady, Leaving New Cuts Unfinished
Bloomberg· 21 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· 10 hours ago0914 GMT – Global oil supply is expected to catch up with demand in the coming months, according to Morningstar DBRS. “A combination of better-than-expected global consumption ...
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...
Oil Producers Flush With Cash Cut Reliance on Funding Markets
Rigzone· 3 days ago“The oil and gas industry has experienced a number of booms and busts over the past few decades, but...
Ex-Pioneer CEO Barred From Exxon Board for Megadeal to Close
The Wall Street Journal· 11 hours agoU.S. frackers fiercely competed for years with OPEC for market share. At a 2017 dinner in...
Marathon Oil narrowly beats first quarter profit estimates on higher prices
Reuters via Yahoo Finance· 14 hours agoCrude oil prices in the quarter mirrored prices from the previous year as production cuts by OPEC+...
FTC to approve major Exxon deal — but exclude key executive over OPEC contacts
Politico via Yahoo Finance· 15 hours agoSheffield played a key role in those talks dating back to 2017, according to the lawsuits. That led,...
Asia's crude oil imports slip in April, trail OPEC forecasts: Russell
Reuters· 11 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 ...