Cambridge said disengagement from any funds that have even small fossil fuel components would result in significant limitations on its ability to invest as successfully as in the past.
The EIA said crude production in the U.S. was also up yet again, rising to a weekly record of 10.9 million bbl/d, not far behind top global producer Russia.
The IEA forecast a 1.5 million-barrel drop in oil supply from OPEC members Venezuela and Iran.
"Oil prices are too high, OPEC is at it again. Not good!" Trump wrote in a post on Twitter on June 13 after last raising the issue in April.
EIA previously forecast U.S. oil production to reach a record 12 million bbl/d in fourth-quarter 2019 but the agency has now pared its expectations in its short-term energy outlook.
OPEC was cautious on the outlook for the rest of 2018, citing a faster-than-expected rise in non-OPEC oil production and the chances of global demand weakening.
Pope Francis addressed executives from oil and gas majors at an unusual group gathering of industry leaders at the Vatican.
The success of shale has redefined the supply structure of the two fuel sources and has led to the decoupling of oil and gas prices.
The OPEC council responded negatively to Iran’s plea to support it against new U.S. sanctions, a source familiar with the matter told Reuters.
U.S. investment bank Jefferies said the crude market is tight and spare capacity could dwindle to its lowest level since at least 1984.