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Crude oil futures were lower following OPEC+’s announcement to quicken supply hikes. Goldman Sachs said the cartel could unveil a 550,000 barrel-a-day increase for September.
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Gulf Business on MSNSaudi Arabia raises August oil prices for Asia, Europe buyersThe country also increased the prices for all crude grades it sells to refiners in Northwest Europe and the Mediterranean by $1.40 a barrel ...
A Greek-owned bulk carrier was attacked in the Red Sea near Yemen, marking the first assault since the most recent truce, escalating regional tensions.
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...
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