BING NEWS:
  • Analysis: How rising US oil output could erode OPEC’s market share
    The Organization of the Petroleum Exporting Countries and its allies are wary of losing further market share to rising oil production in the US, according to a Reuters report. Rising oil production ...
    12/17/2024 - 11:05 pm | View Link
  • OPEC Extends Cuts, Oil Market Tightness To Continue Into 2025
    OPEC's extended production cuts and reduced non-OPEC growth will lead to higher oil prices, creating investment opportunities in undervalued companies. See more.
    12/13/2024 - 7:00 pm | View Link
  • Why OPEC's grip on oil markets will continue to weaken in 2025
    The IEA forecasts a major oil supply glut in 2025, and even if OPEC+ continues to limit production, it won't be enough to address the overhang.
    12/12/2024 - 6:35 am | View Link
  • Brent Crude
    Oil prices continued its steady move higher on Wednesday, up around 1.27% at the time of writing. This is a slight surprise given that OPEC downgraded its 2024 and 2025 forecasts.
    12/11/2024 - 4:45 am | View Link
  • OPEC makes fifth and biggest cut to 2024 oil demand growth forecast
    OPEC+ earlier this month delayed its plan to start raising output until April 2025 against a backdrop of falling prices. In a monthly report, OPEC said it expects 2024 global oil demand to rise by ...
    12/10/2024 - 11:00 am | View Link
  • More

 

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