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UN and US Officials Ramp Up Attacks on Oil Industry

UN and US Officials Ramp Up Attacks on Oil Industry

The UN chief's impassioned speech condemning the oil industry was not the only one this week.

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Hopes of Fed Cut Jolts Oil Prices

Brent crude jumped above $80 per barrel again on Friday morning following the ECB rate cut decision on Thursday.

2 days ago

OPEC's Cautious and Calculated Strategy

OPEC's decision on Sunday to leave the door open for rolling back some of the production cuts, while not an unprecedented move, has led to a bearish reaction in the oil markets

2 days ago

OPEC+ Paves the Way for 2025 Return of Crude

- The next OPEC+ joint ministerial committee meeting is scheduled for August 1, discussing quota compliance and the outlook for demand, with the next ministerial meeting slated for December 1.

2 days ago

Tensions Between the West and Russia are Rising Again

Tensions are slowly rising, and expanding further afield in relation to the Russia-Ukraine war, with a number of new developments that build on other East-West conflict developments over the past few months

2 days ago

Oil Price Outlook More Bullish Than Selloff Suggests: Fund Manager

Portfolio manager Eric Nuttall argues that the recent oil selloff is unjustified and that the price outlook is more bullish than many believe due to a misunderstanding of OPEC+ plans.

2 days ago

Canadian Oil Executives Slam Proposed Emissions Cap on Oil and Gas Production

Canadian oil executives have spoken out against a proposed cap on carbon dioxide emissions from oil and gas production, arguing that it is unnecessary and could lead to a reduction in production.

2 days ago
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