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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 ...
11hon MSN
OPEC+ jolted markets by announcing it would flood the market with more oil.
Oil crept higher as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, signaling a vote of ...
24m
ABP News on MSNOil Prices Fall As OPEC+ Surprises Market With Bigger August Output HikeOPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...
However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
Oil prices dropped slightly on Monday after the OPEC+ group surprised markets by hiking output more than expected in August, ...
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.
Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
OPEC and its allies agreed to a larger-than-expected production hike for the fourth straight month, fueling concerns about a ...
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