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Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.
Oil prices held near a two-week high on Tuesday as investors assessed the latest developments on U.S. tariffs and a higher ...
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly ...
Oil prices slipped more than 1% on Monday after OPEC+ surprised markets by hiking output more than expected in August, ...
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...
Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...