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Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Oil prices fell after OPEC+ countries unexpectedly announced a more significant increase in oil production in August than ...
Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
Gas could get even cheaper this summer. Supachai Panyaviwat/. OPEC+ is boosting oil output, tanking prices as US summer ...
Oil markets rebounded despite OPEC+'s decision to increase production by more than expected in August, amid worries over U.S.
The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
Crude oil futures were lower and OCBC said prices were expected to face further downward pressure in 2H following OPEC+’s announcement to quicken supply hikes.
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
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