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The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
17hon MSN
OPEC+ jolted markets by announcing it would flood the market with more oil.
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
6h
ABP News on MSNOil Prices Fall As OPEC+ Surprises Market With Bigger August Output HikeOPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...
OPEC+ is expected to fully unwind its 2.2 million bpd output cuts by September, following a surprise superhike in August.
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...
OPEC+ boosts summer oil production by 548,000 bpd in August, surprising markets, pushing prices lower, and stirring global ...
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 ...
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