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The latest increase amplifies a dramatic strategy pivot by the Organization of the Petroleum Exporting Countries and its ...
OPEC has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share.
Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause prolonged inflation rather than a one-time price spike.
OPEC and its partners have pivoted from years of output restraint to reopening the taps, surprising crude traders and raising questions about the group’s long-term strategy.
OPEC and its partners have pivoted from years of output restraint to reopening the taps, surprising crude traders and raising ...
On a quiet trading day, oil prices moved slightly lower due to expectations of another output hike from OPEC+ when the group meets on Saturday.
OPEC+ is accelerating its next meeting to approve a 411,000 b/d production increase as the group, led by Saudi Arabia, aggressively seeks to regain market share.
The downside of the Oil prices could be restrained as on Thursday, the US Treasury and State departments announced separate sanctions against a network that smuggles Iranian oil disguised as Iraqi Oil ...
Oil prices fell slightly on Thursday as investors worried that U.S. tariffs could slow energy demand ahead of an expected ...
U.S. policymakers are increasingly anxious about the integrity of certain government benchmarks, crucial data points that ...
3d
Capital Market on MSNHot Commodities: Oil tumbles over 1% on caution ahead of payrolls, OPECOil futures extended losses in the mid-Asia session today, falling over 1% as traders turned cautious ahead of the US non-farm payrolls report and other key data that could ...
Oil prices fell on Thursday after gaining 3% in the previous session as investors are wary higher U.S. tariffs may be reinstated, which could cause lower fuel demand, and as major producers are ...
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