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The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
Crude oil futures rebounded Tuesday in a move analysts saw as a technical rebound from the prior session's losses, likely with a significant amount of profit taking out of short holdings. Prices also ...
The outlook from Diamondback, one of the industry’s most prominent producers, marks a key shift for expectations within the ...
Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...
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Axios on MSNWhat OPEC's big weekend says about TrumpSaudi Arabia and some other members see President Trump — for now — as more invested in lower prices than in what's ...
Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...
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