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OPEC switches to call on OPEC+ in global oil demand outlook
Gulf Business· 5 days agoThe market share of OPEC crude has fallen to a multi-decade low of 27 per cent after Angola’s exit...
EIA Says OPEC+ Has Largely Adhered to Latest Cuts
Rigzone· 1 day agoIn its latest short term energy outlook (STEO), the U.S. Energy Information Administration (EIA) highlighted that, based on its estimates, “OPEC+...
Oil Edges Higher as US Stockpiles Fall
Rigzone· 2 hours agoIntermediate edged higher to settle above $79, though the US benchmark has been wedged between about $77 and $82 a barrel this month. US oil inventories fell by 2.5 million barrels last week ...
OPEC+ to weigh members’ oil output | Arkansas Democrat Gazette
Arkansas Democrat-Gazette· 2 days agoOil cartel OPEC+ is once again grappling with the thorny question of how much oil its members are...
Oil flirts with breaking below $78 after sluggish demand forecast from IEA
The Forex Market· 1 day agoOil hangs around $78.00 after both OPEC and IEA released their monthly reports. While OPEC stuck to...
The Energy Report: Can’t Get It Together. | Investing.com
Investing.com· 8 hours agoLet’s face it, the OPEC plus cartel the International Energy Agency (IEA) and the Energy Information...
OPEC+ Unlikely To Move On Crude Production Levels With Oil Around $85
Forbes· 7 days agoFollowing a marginal recovery, oil prices are currently lurking around the $85 per barrel mark,...
Crude Oil Market Tightness May Fade Into 2025
The Wall Street Journal· 4 days agoBeyond this, supply continues to outpace demand, with the IEA forecasting slow global demand growth this year, China nearing peak transport fuel demand while the U.S. is already past its peak ...
Exclusive-US to favor existing investors for Venezuela oil licenses, say sources
Reuters via Yahoo Finance· 8 hours agoThe U.S. is preparing to prioritize issuing limited licenses to operate in Venezuela to companies...
Oil ends at 9-week low after OPEC leaves demand forecast unchanged
Market Watch· 2 days agoThe OPEC report “did not bring anything new regarding future expectations for this year and next...