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Kuwait Petroleum Corp. Chief Executive Officer Sheikh Nawaf Al-Sabah says the latest oil supply hike from OPEC+ as well as ...
Oil markets are absorbing OPEC+ production increases without building inventories, which means they are thirsty for more oil, ...
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 ...
The oil market needed the latest super-sized supply increase that OPEC+ announced at the weekend, the United Arab Emirates energy minister said, offering one of the first public justifications for the ...
Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...
Bob McNally, Rapidan Energy Group founder and president, discusses OPEC+'s recent decision to increase oil production for the ...
The sale occurs at a time when the paint industry is experiencing increased activity, particularly following JSW Paints' Rs 8 ...
The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...
Oil futures continued to post gains with the market unfazed by OPEC+ plans for higher production and supported by gains in products. Exxon just warned Wall Street of billion-dollar profit hits. Here's ...
Shell and Exxon warned of weaker Q2 earnings due to lower oil and gas prices, with Exxon expecting a $1.5 billion hit.