Saudi Oil Production Cuts To Deepen Rift With U.S.
Oil is rising back above $90 per barrel after the extension of OPEC+ output cuts, but any renewed complaints about oil supply are likely to fall on deaf ears in Riyadh
Source: oilprice.com
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The biggest oil deficit since 2007 will hit in the 4th quarter as Saudi Arabia cuts supply
West Texas Intermediate crude prices climbed 2% to $89.05 a barrel after the OPEC data came out.
Source: yahoo.com
At What Level Will Saudi Arabia And Russia Stop Pushing Oil Prices Higher?
OPEC+ production cuts have tightened the markets significantly and pushed crude prices higher, but at what level will OPEC face overwhelming pressure from their customers to stop doing so?
Source: oilprice.com
Chances Of Oil Hitting $100 Not As Remote As You Think: Croft
Oil’s chances of reaching $100 in the near future aren’t so very far off if the current trends in the oil markets hold, analysts from RBC Capital Markets said in an investor note on Thursday
Source: oilprice.com
Higher Oil Prices Could Spark A Fresh Wave Of Inflation
Higher oil and higher energy prices could stoke inflation again at a time when Wall Street has raised the odds of the Fed pausing the interest rate hikes
Source: oilprice.com