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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.
The 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 ...