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OPEC sticks to oil demand view, shifts key forecast to OPEC+
StreetInsider· 2 days agoLONDON (Reuters) -OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would start projecting demand for < ...
EIA Says OPEC+ Has Largely Adhered to Latest Cuts
Rigzone· 19 hours agoIn its latest short term energy outlook (STEO), the U.S. Energy Information Administration (EIA) highlighted that, based on its estimates, “OPEC+...
Iraq won’t agree to new OPEC+ oil production cuts
Gulf Business· 4 days agoIraq has repeatedly said it is committed to voluntary cuts but pumped over its output quota by a cumulative 602,000 barrels per day.
Oil rebounds, gains 1% after US crude draw, lukewarm inflation data
Reuters· 12 hours agoOil prices rose nearly 1% on Wednesday from a two-month low in the prior session as the market...
The commodities feed: Iraqi Oil supply cut uncertainty
The Forex Market· 3 days agoOil prices have continued to come under pressure after comments from Iraq raised doubts over a...
Oil slips on signs of weak fuel demand, strong dollar By Reuters
Investing.com· 3 days agoSINGAPORE (Reuters) -Oil prices extended declines on Monday amid signs of weak fuel demand and as...
Biden Energy Secretary Plans First Visit to Saudi Arabia and UAE
Bloomberg via Yahoo News· 5 days ago(Bloomberg) -- US Energy Secretary Jennifer Granholm is scheduled to make her first diplomatic visit...
Oil prices slide 1% to 11-week low on weaker IEA 2024 demand forecast
StreetInsider· 21 hours agoBrent futures fell 62 cents, or 0.8%, to $81.76 a barrel by 10:59 a.m. EDT (1459 GMT), while U.S. West Texas Intermediate (WTI) crude fell 60 cents, or 0.8%, to $77.42. The IEA trimmed its forecast ...
European Shares Poised For Mixed Open
RTT News· 3 days agoU.S. producer price inflation data for April is due on Tuesday, while the more closely watched consumer price inflation figures will be published on Wednesday. Fed Chair Jerome Powell is < ...
US Holiday Road Trips Seen Hitting Record in Post-Covid Boom
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- About 38.4 million people will take to the roads this Memorial Day weekend in the US,...
