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The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.
Oil prices fell after OPEC+ countries unexpectedly announced a more significant increase in oil production in August than ...
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
9hon MSN
OPEC+ jolted markets by announcing it would flood the market with more oil.
The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks appeared contained.
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
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