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OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
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 ...
OPEC+ jolted markets by announcing it would flood the market with more oil.