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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· 47 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 ...
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...
FTC to approve major Exxon deal — but exclude key executive over OPEC contacts
Politico via Yahoo Finance· 18 hours agoSheffield, Pioneer’s founder, two-time former CEO and current board member, not serve as planned on...
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...
U.S. crude oil bounces after hitting seven-week low on surging U.S. inventories
NBC Bay Area· 6 hours agoU.S. crude oil is hovering above $79 a barrel after selling off Wednesday on surging inventories....
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 prices drop amid rising inventories, diplomatic push for Gaza ceasefire
Yahoo Finance· 22 hours agoThe market appears to be adequately supplied at the moment," Andy Lipow, president of Lipow Oil...
Oil Rises After Dropping to Seven-Week Low on US Inventory Gain
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Oil erased some of its losses after plunging Wednesday on a big jump in US crude...
Oil prices rebound on hopes US will replenish strategic reserve
MSN News· 8 hours agoBy Mohi Narayan and Yuka Obayashi NEW DELHI (Reuters) -Oil prices rose on Thursday, rebounding from...