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Here’s why: Oil demand pretty closely follows global economic growth. And the Trump administration’s tariffs are scrambling ...
Oil and gas markets weaken as OPEC output expectations and trade tensions cap gains. Key support and resistance levels guide ...
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OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...
Saudi effectively accounted for all of the increase, as it boosted exports by 631,000 bpd over the March-June period while ...
OPEC+ is pushing back now with its production increase. That increase has kept crude prices low, which is helping propane ...
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ABP News on MSNOil Slips For Second Week On Tariffs, OPEC Hike, And Peace TalksOil prices edged lower in early Asian trade on Monday, adding to last week’s sharp declines driven by a mix of geopolitical ...
Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...
OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...
Geopolitical tensions, such as U.S. pressure on countries like India to stop buying Russian oil, could lead to further ...
Crude oil futures plunged over 5% this week as bearish fundamentals—including rising OPEC+ output, weak exports, and fading ...
A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...
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