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OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...
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OPEC+ jolted markets by announcing it would flood the market with more oil.
NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
OPEC was formed by five petroleum-rich countries in 1960. At the time, the global oil market was dominated by a group of multinational, Anglo-American companies known as the “Seven Sisters.” ...
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OPEC Strikes Back: How Their Bold Move Could Break the U.S. Oil IndustryIn a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...
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