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OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...
Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific ...
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific ...
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Cyprus Mail on MSNOil rises as tight market outweighs OPEC+ supply hike and tariff riskOil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the potential impact of US tariffs, with prices rising as a tight physical market ...
Oil crept higher as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, signaling a vote of ...
Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.
Stock markets diverged while the dollar strengthened Monday as countries fought to hammer out trade deals days before US ...
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
The increase of oil output has mostly come from Saudi Arabia, in a show of confidence that oil is in demand despite concerns ...
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