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US oil production will keep booming in 2024, setting up a possible showdown with Saudi Arabia peakoil.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from peakoil.com Daily Mail and Mail on Sunday newspapers.
India-UK FTA: Crude traders have shrugged off the Nov. 30 pledge from Saudi Arabia and its allies to slash supplies by a further 900,000 barrels a day, remaining skeptical of its implementation. Despite the group’s multiple attempts to shore up sentiment in the past week, prices have crashed 11% to a five-month low. ....
RIYADH (BLOOMBERG) – The OPEC+ coalition’s grip on global oil markets is looking less secure by the day. Crude traders have shrugged off the November 30 pledge from Saudi Arabia and its allies to slash supplies by a further 900,000 barrels a day, remaining skeptical of its implementation. Despite the group’s multiple attempts to shore […] ....