Andurand: OPEC+ May Need to Cut More as U.S. Oil Production Soars
According to Pierre Andurand, the OPEC+ group may need to make additional oil production cuts to offset rising U.S. supply.
Source: oilprice.com
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Top Oil Fund Books Largest Outflows Since 2016 on OPEC+ Uncertainty
The world’s top oil fund saw daily withdrawals of nearly $225 million on Tuesday due to uncertainty over the OPEC+ meeting.
Source: oilprice.com
Top oil fund books largest outflows since 2016 on OPEC+ uncertainty
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Source: oilandgas360.com
IEA Expects Oil Market Surplus Even If OPEC+ Extends Production Cuts
The current oil market deficit will turn into a slight surplus next year even if OPEC+ leaders Saudi Arabia and Russia extend their production and export cuts into 2024 according to the IEAs Head of Oil Industry and Markets
Source: oilprice.com
Bloomberg Analyst Says He Heard Insider Rumors About Bitcoin Spot ETF, Bitcoin Price Soars
Bloomberg ETF analyst Eric Balchunas stated in his statement that he had heard about the SEC's Bitcoin (BTC) Spot ETF approvals. According to Balchunas, the…
Source: biztoc.com