OPEC+ unlikely to change output policy at Oct. 2 panel meeting
An OPEC+ panel is unlikely this week to recommend any changes to its current deal to reduce production and to start unwinding ...
Oil forecasts cut for 5th straight month on demand, OPEC uncertainty
Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...
Saudi Arabia and OPEC face challenges enforcing crude oil output cut quotas
Saudi Arabia, the de-facto leader of the Organization of the Petroleum Exporting Countries, is once again faced with a ...
Is $70-$75 the new normal for Brent crude oil prices?
Brent crude seems to be stuck in a range of $70-$75 per barrel as geopolitical tensions get overshadowed by poor demand and ...
SoftBank’s Masa Son Nears His Next Big Bet: OpenAI
The Japanese tech billionaire is poised to back the start-up, as part of his pledge to go on offense when it comes to ...
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Global energy demand to grow 24 per cent by 2050 with oil dominating: OPEC
Global energy demand will grow 24 per cent by 2050, with oil dominating world markets in need of 120.1 million barrels per ...
OPEC is highly bullish on long-term oil demand growth. Not everyone agrees
The Organization of the Petroleum Exporting Countries, OPEC, published its World Oil Outlook for 2024, with optimistic forecasts for robust oil demand growth.
WTI Crude Oil futures traded higher overnight but failed into resistance.
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Divergent EIA, IEA And OPEC Oil Data And Forecasts Suggest Market Turmoil On The Way
Oil prices declined due to perceived global economic slowdown and conflicting supply/demand forecasts from EIA, IEA, and OPEC ...
Oil price spikes and stocks tumble as Iran launches missile strike
Oil prices jumped and stocks tumbled on Tuesday after Iran fired an estimated 180 missiles at Israel in retaliation for the ...