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UAE Says the Oil Market Is Thirsty for More OPEC+ Barrels
OPEC+ has surprised markets with a sharp output increase, citing strong demand and low inventories, and plans to fully unwind ...
Exxon, Chevron, Shell, BP Stocks Fall. OPEC Oil Plans, Gas Trading Fears Are Biting.
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Oil rises as strong demand offsets big OPEC+ output hike
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
OilPrice.com1d
OPEC+ to Complete Unwinding of Oil Output Cuts With Big September Hike
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...
OPEC Plus Agrees to Pump More Oil in August
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
OPEC oil output rises in June on Saudi and UAE hikes, Reuters survey finds
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...
Summer gas prices are headed even lower, as Saudi Arabia accepts the 'lesser evil' of cheap oil
OPEC+ jolted markets by announcing it would flood the market with more oil.
The Business Times2d
Opec’s new supply shock nails on oil market’s return to surplus
NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...
Oil News: Will OPEC Production Surge Sink Crude Oil Futures This Week?
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
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OPEC Strikes Back: How Their Bold Move Could Break the U.S. Oil Industry
In a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...