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Steps taken by the OPEC+ group to boost oil supplies have proved astute, given developments in the Middle East conflict, ...
OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor ...
Following US airstrikes on Iranian nuclear facilities, Brent Crude prices initially surged by 5% before paring gains.
Opec+ shocked oil markets in April by agreeing to an output hike for May despite weak prices and slowing demand.
Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...
ST PETERSBURG (Reuters) -U.S. and Chinese purchases for strategic oil reserves are expected to offset any potential global ...
Saudi Energy Minister Prince Abdulaziz bin Salman said Thursday that OPEC+ will base any future oil production decisions on ...
For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...
The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.
OPEC+’s latest increase of 411,000 barrels per day (bpd) for July, the third such hike in three consecutive months, suggests ...
After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...
Oil hovers near $65.4 as OPEC+ output plans and geopolitical risks cloud bullish sentiment in WTI and Brent. Natural gas ...
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