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OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
Analysts expect oil prices to remain subdued short term, with a slow recovery later in 2025 as U.S. output declines.
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
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Investor's Business Daily on MSNOPEC Shifts To Oil Price-War Stance Ahead Of Trump Saudi VisitThe Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...
Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
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