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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.
Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly increase in output, and signaled another 550,000 bpd rise in September ...
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
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 ...
Oil prices slipped more than 1% on Monday after OPEC+ surprised markets by hiking output more than expected in August, ...
Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.
Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...
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