News
Texas heading into summer with lowest level of U.S. power supplies
The group that oversees regional electric reliability issues rang some alarm bells Tuesday about whether Texas will have enough power this summer to meet peak demand. Source: FuelFix
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Rystad: Uncertain OPEC should keep current cuts flat
OPEC nations may be at odds with each other, but all they need to do is extend their current crude oil cutbacks through the end of the year to help keep the market relatively balanced,...
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OPEC+ proposes mid-July meeting to settle dispute over dates
OPEC proposed mid-July meetings with its allies in Vienna to discuss extending production cuts, after talks between Russia and Iran made some progress toward resolving a standoff over the date. Source: FuelFix
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Oil holds losses on weak demand outlook, OPEC's date uncertainty
Oil held losses as economic indicators continue to look weak and OPEC and its allies are still struggling to set a date to discuss an extension to supply cuts. Source: FuelFix
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