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OPEC+ jolted markets by announcing it would flood the market with more oil.
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
OPEC+ is expected to fully unwind its 2.2 million bpd output cuts by September, following a surprise superhike in August.
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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 ...
NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...
THE Organization of the Petroleum Exporting Countries (Opec) and its allies, collectively known as Opec+, announced the decision on Saturday to increase oil out ...
Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...
Markets reacted cautiously as U.S. trade policies remained uncertain, with President Trump planning tariff hikes. OPEC+ ...
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