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Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...
Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...
The crude oil market traded with sharp volatility this week as traders balanced OPEC+ production increases, renewed geopolitical risks, and the threat of U.S. tariffs against evidence of strong underl ...
Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the ...
OPEC+ has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by ...
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices.
The International Energy Agency on Friday raised its forecast for supply growth this year after OPEC+'s latest decision to ...
Eight OPEC producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 ...
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...
OPEC+'s "adjustment" of 411,000 barrels per day for May - increasing oil output by three times more than previously planned for that month - helped pull U.S. benchmark oil prices (CL.1) down to ...
The Ministry of Energy confirmed that Saudi Arabia remains fully compliant with the OPEC+ agreement. The marketed crude oil ...
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