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Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...
Oil prices edged lower on Wednesday after rising to two-week highs in the previous session, weighed down by investors waiting ...
Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea, worries about U.S. tariffs on copper and technical short ...
Oil prices dipped slightly as traders weighed bullish U.S. demand and production data against lingering tariff uncertainty from President Trump.
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ABP News on MSNOil Retreats From Two-Week Peak As Tariff Uncertainty Clouds Market OutlookOil prices gave up some of their recent gains on Wednesday, slipping modestly after reaching two-week highs in the previous ...
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...
Saudi Arabia’s crude exports and production rose sharply in April as OPEC+ accelerated plans to unwind its oil output cuts, ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.
Surplus crude oil production capacity is projected in the STEO to come in at 4.48 million barrels per day in the fourth quarter of 2024, 4.37 million barrels per day overall in 2024, and 4.18 ...
Therefore, the production cost of crude oil is an enigma and a state secret. In 2020, the Russian leader had said that he is comfortable with a Brent price around the $40 per barrel level.
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