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Oil (CL=F, BZ=F) prices hover below $70 a barrel after Saudi Arabia raised its crude output above its OPEC+ quota. Yahoo ...
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...
Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...
Former U.S. President Donald Trump’s energy policy pressures Saudi Arabia to keep oil prices within a tight range. With Saudi ...
The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
OPEC has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share.
While Halliburton's valuation now appears reasonable, activity levels will likely need to stabilize before the stock rebounds ...
Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has raised production ceilings—137,000 bpd in April, 411,000 bpd in May and June, ...
12d
Al-Monitor on MSNEight OPEC+ alliance members move toward output hike at meetingSaudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts ...
OPEC is holding its global oil-demand forecast steady despite rising trade tensions, expecting demand to grow by 1.29 million barrels per day this year, The Wall Street Journal writes. In its latest ...
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