Ever since OPEC+ started ramping up supplies in April, the group has drawn reassurance from one key oil indicator: the price ...
WTI oil prices rose slightly, as markets braced for more OPEC+ production. The potential increase in supply is combined with concerns demand could fall from a slowing U.S. economy.
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Oil Prices Set for Sharpest Weekly Decline Since June Ahead of OPEC+ Meeting
Crude oil prices plunged this week on fears OPEC+ will extend production hikes, deepening supply concerns despite steady ...
OPEC nations are trying to reach consensus on how to adjust their oil production next month, with either a modest or more substantial supply increase possible, delegates said.
OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike crude oil ...
Oil on Thursday incurred a fourth straight round of losses, this time on the order of about 2 percent, as the upcoming weekend meeting of the Organization of the Petroleum Exporting Countries (OPEC) ...
Oil slid for a fourth day as OPEC is expected to agree on restoring more idled supply in a meeting over the weekend, while the ongoing US government shutdown fueled risk-off sentiment.
OPEC dismissed media reports claiming the group of eight oil-producing countries would raise output by 500,000 barrels per ...
An OPEC+ panel stressed the need for achieving full compliance with oil output agreements and extra output cuts that some ...
Oil prices slid for a third day in a row to a 16-week low on Wednesday as a U.S. government shutdown fed worries about the ...
Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab, participated here on, Wednesday, via videoconference, ...
WTI crude oil (CL1:COM) extended its decline on Tuesday, breaking below $63 a barrel and trading at its weakest level in ...
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