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WTI crude Oil price struggles below $61 as OPEC+ output hike looms
WTI crude oil price fell below $61 per barrel on May 23, marking its first weekly decline in three weeks. The sharp drop came after OPEC+ discussions emerged about raising crude production quotas, potentially adding 411,000 barrels per day (bpd) in July.
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WTI and Brent oil prices rise ahead of Memorial Day, but geopolitical risks and OPEC’s production plans keep the market under pressure.
Viper's dropdown transaction with Diamondback boosts oil production by 60%. Learn how this could generate $4/share in cash ...
Midland Reporter-Telegram on MSN1d
WTI remains above $61 but posts weekly lossOil prices remained above $60 but posted their first weekly decline since last month.
2-Year U.S. Treasury Note Continuous Contract $103.328 0.023 0.02% 5-Year U.S. Treasury Note Continuous Contract $107.727 0.188 0.17% 10-Year U.S. Treasury Note Continuous Contract $110.141 0.313 ...
W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of America. The company ...
Crude oil futures fell for the week as bearish U.S. inventory data, weak Chinese demand, and a looming OPEC+ production hike ...
The analysts concluded that Trump appears to prefer West Texas Intermediate oil in the $40 to $50 a barrel range — well under ...
2-Year U.S. Treasury Note Continuous Contract $103.660 0.027 0.03% 5-Year U.S. Treasury Note Continuous Contract $108.422 0.063 0.06% 10-Year U.S. Treasury Note Continuous Contract $111.234 0.078 ...
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