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Macquarie, JP Morgan Analysts Examine Upcoming OPEC Meeting
Rigzone.com via Yahoo Finance· 23 hours agoThis article was first published on Rigzone here In an oil and gas report sent to Rigzone last Friday, Macquarie strategists highlighted that, ahead of the upcoming OPEC+ ...
Biden to release 1 million barrels of gasoline to reduce prices at the pump ahead of July 4
CNBC· 18 hours agoGasoline futures have rallied 19% this year as oil prices have risen due to OPEC cutting production...
Time For OPEC To Put Money Where Mouth Is On Demand
Forbes· 5 days agoIf OPEC+ believes its bullish forecast for global oil demand, then the cartel should be tripping over itself to raise production targets at its next meeting on June 1. Indeed ...
Guyana Is Among Fastest Growing Non-OPEC Producers: US EIA
Rigzone· 3 hours agoGuyana raised its crude oil production by an annual average of 98,000 barrels per day from 2020 to...
Russian Oil Flows Tick Up as Moscow Pivots From Export Curbs
Bloomberg via Yahoo News· 20 hours ago(Bloomberg) -- Russia’s crude exports edged higher in the week to May 19, as Moscow prepares to...
IEA trims 2024 oil demand growth forecast, widens gap with OPEC
Reuters· 7 days agoThe International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth,...
OPEC+ likely to role over output cuts - UBS By Investing.com
Investing.com· 6 days agoThe Organisation of Petroleum Exporting Countries and allies, a group known as OPEC+, meets on June...
The U.S. government is draining 42 million gallons of gas from its reserves
Quartz· 16 hours agoThe move is meant to "lower prices at the pump as Americans hit the road this summer"
One Oil Cargo’s Odd Journey Highlights Global Market Strains
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- A dearth of heavy crude is forcing one of the world’s biggest buyers to go the extra...
Oil Declines as Industry Report Points to Swelling US Stockpiles
Bloomberg via Yahoo Finance· 4 hours ago(Bloomberg) -- Oil extended losses after an industry report pointed to rising US crude inventories,...