Crude oil loses most since July 2022 as tariffs, OPEC output hike make 'perfect bearish cocktail'
Crude oil plunged by the most in nearly three years as concerns about weaker demand due to tariffs were exacerbated by the ...
Oil Prices Slide to Lowest Since 2021
Oil prices slid Friday to their lowest levels in nearly four years. A plan to increase supply by the Organization of the ...
Eight OPEC+ producers accelerate crude oil output hikes, pushing oil prices 6% lower
Saudi Arabia, Russia, Iraq, UAE and others reviewed global market conditions and decided to raise collective output by ...
Oil prices are crashing after tariffs and OPEC deliver a double whammy to energy markets
As President Donald Trump's latest tariffs weigh on growth outlooks, OPEC+ members unveiled plans for an output boost that ...
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Opec+ unexpectedly speeds up oil output hikes, oil drops
Inayat-ur-Rahman, Business Editor / Reuters Eight Opec+ countries unexpectedly agreed to advance their plan to phase out oil ...
Oil Market Gauges Show Looser Balances as OPEC+ Hikes Output
Key oil indicators are signaling looser balances ahead, after OPEC and its allies shocked the market with a dramatic early ...
Goldman cuts oil price forecasts amid tariff fears, higher OPEC+ supply
Goldman Sachs lowered its forecast for Brent crude's average price this year by 5.5% to $69 a barrel and for WTI prices by ...
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Crude oil prices hit multi-year lows following Trump’s tariff announcement
The eight nations, according to OPEC’s official website, noted, “This comprises the increment originally planned for May in ...