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OPEC switches to call on OPEC+ in global oil demand outlook
Gulf Business· 6 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· 2 days agoEnergy Information Administration (EIA) highlighted that, based on its estimates, “OPEC+ producers have largely adhered to the latest round of OPEC+...
Kazakhstan opens thorny debate on 2025 OPEC+ oil quotas
Reuters· 3 days agoKazakhstan opened on Tuesday a thorny debate on OPEC+ production levels, saying it believed it...
Iraq is committed to OPEC's oil output cuts, minister says
Reuters· 5 days agoIraq is committed to voluntary oil production cuts agreed by the Organization of the Petroleum...
Son-In-Law of Top Opponent of Venezuela's President Pleads Guilty to US Money Laundering Charges
US News & World Report· 2 days agoThe son-in-law of a prominent Venezuelan opposition leader has pleaded guilty to money laundering charges for his role in a vast bribery conspiracy to siphon $1.2 billion from the state-owned ...
Exclusive: US to favor existing investors for Venezuela oil licenses, say sources
Reuters· 1 day agoThe U.S. is preparing to prioritize issuing limited licenses to operate in Venezuela to companies...
Russian Oil Revenue Hit as Exports Drop to 5-Month Low, IEA Says
Rigzone· 2 days agoRussia’s April exports of crude and petroleum products dropped to levels last seen in late-2023 amid...
Merger Mayhem: FTC's Oil Sector Crackdown Puts These 3 Pending Deals at Risk
InvestorPlace· 3 days agoExxonMobil (NYSE:XOM) recently completed its $60 billion acquisition of Pioneer Natural Resources....
Russian Prime Minister Plans to Keep Alexander Novak as Deputy
Bloomberg· 6 days agoRussian Prime Minister Mikhail Mishustin submitted to lawmakers his proposals on the new government,...
Platinum Market Deficit Forecast Widens on Weak Supply, Sustained Demand -- Commodities Roundup
Market Watch· 4 days ago--LME three-month copper futures are up 0.8% to $10,119.50 a metric ton. The forecast deficit for the platinum market has widened for 2024, as weak supply is outweighed by sustained demand from ...