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Hedge funds retreat from oil as war risk fades: Kemp
30 Apr 2024 05:23 GMT
… .
The combined position was cut to 566 million barrels … threat for now to oil production facilities around the Persian … output gradually in the second half of the year.
Non-OPEC production … gas producers announced cuts in drilling and output.
The combined …
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Oil Falls as Geopolitical Risk Premium Decreases
29 Apr 2024 19:52 GMT
Oil fell as signs of progress … has risen this year on OPEC+ supply cuts and heightened tensions in … third of the world’s oil. Meanwhile, shifting expectations for US … premiums for diesel and heating oil over crude have fallen to …
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News24 | Petrol price will be hiked on Wednesday, but diesel gets a cut
29 Apr 2024 19:04 GMT
… of illuminating paraffin will be cut by 19c a litre.
… contributing factors to the hotter oil prices were the growing … the Middle East and sustained production cuts by OPEC+ countries, the Department of … US interest rates would be cut soon.
We live in …
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Business as usual in oil and gas is a high risk strategy for us all
29 Apr 2024 18:54 GMT
… fuel industry, living off OPEC-manipulated cashflow, defended by … the scope of emissions cuts to be diminished.
Whilst … investors.
Why?
Consider oil demand
Carbon Tracker research … technologies required.
From production growth to production planning
As noted …
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20 Biggest Oil Producing Countries in Asia
29 Apr 2024 17:28 GMT
… increase is driven by non-OPEC+ production rising 1.6 mb… ;d, while OPEC+ production is expected to dip by … ;d due to voluntary supply cuts. The Russia-Ukraine conflict has … in foreign capital and boost oil output. Located in shallow waters to …
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Saudi Arabia Is Expected to Raise Its Oil Prices to Asia to a 5-Month High
29 Apr 2024 16:27 GMT
… the world’s top crude oil exporter, could raise later this … tighter supply due to the OPEC+ cuts could also prompt the Kingdom … tightened after Abu Dhabi National Oil Company (ADNOC) started sending its … pricing trends of the Saudi oil giant, so the Kingdom’s …
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Marginal Increase in Output from Overseas Fields of Oil PSUs
29 Apr 2024 14:57 GMT
… geopolitical factors. Production cuts mandated by OPEC+, which includes major oil producers like Saudi … ’s international oil and gas output, and restrictions on their production limit potential …
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Oil Producers Flush With Cash Cut Reliance on Funding Markets
29 Apr 2024 12:56 GMT
… from rising oil prices, buoyed by robust demand and OPEC+ production cuts.
Read More … : Odds of $100 Oil Are Rising … may “significantly increase” their oil and gas production through 2030 with “enough …
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Oil price news: Oil erases loss amid focus on U.S. efforts for truce in Gaza
29 Apr 2024 13:17 GMT
Oil erased an earlier decline as … has risen this year on OPEC+ supply cuts and heightened tensions in … third of the world’s oil. Meanwhile, shifting expectations for U … concern about diesel and heating oil markets, where premiums over crude …
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Fuel hike on cards as oil prices on upward trend
29 Apr 2024 12:05 GMT
… an inflationary uptick.
“Global crude oil prices maintained their upward trend … oil prices globally. This is further reinforced by the OPEC-driven voluntary production cuts … , exerting further upward pressure on oil prices,” reads a ministerial statement …