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Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...
World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind ...
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of ...
Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...
OPEC+ is accelerating the rollback of production cuts ... analysts at Standard Chartered have reported that the latest OPEC ...
Now the group of oil producers might add even ... OPEC+ has not confirmed the date change, but members of the group are expected to decide on production levels for June. "The market is getting ...
(Bloomberg) -- Oil slumped as OPEC+ discussed ... approached the Trump administration to ask what changes the US was seeking in relation to the production of precursor chemicals that are used ...
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Eight Opec+ members, including Saudi Arabia and Russia, announced a second consecutive monthly increase of 411,000 barrels a ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...