Phillips 66's Gray Oak pipeline is the biggest of about three new pipelines connecting the Permian Basin, the nation's largest oil field, to the U.S. Gulf Coast.
Seaport Global Securities speaker details how investors learned their lessons the hard way.
Salman says Saudi oil policy aims to promote stability.
The next few weeks are likely to be relatively calm with most participants awaiting official news on U.S.-China and OPEC+.
Production from the U.S., Norway, Brazil and Guyana will cut into demand, says report.
Bureau of Energy Resources' Frank Fannon discussed the U.S. perspective of the shifting global oil and gas market dynamics at the ADIPEC.
Barkindo would not speculate on whether further oil output cuts would be needed.
Global oil demand growth is expected to slow from 2025 as fuel efficiency improves and the use of electrified vehicles increases but is unlikely to peak in the next two decades, the International Energy Agency (IEA) said on Nov. 13.
Oil prices rose on Nov. 12, reversing early losses on hopes that President Donald Trump may signal progress on trade talks with China in a speech later in the day.
For the week ahead, Stratas Advisors expect prices to be range bound. Statements from the White House will likely dampen hopes of a U.S.-China trade deal but rumors out of OPEC are that an extension likely will lend support.