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The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.
Crude oil futures started the week higher as the market weighs doubts about how much extra oil OPEC+ countries have placed on ...
The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...
HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...
OPEC+’s latest increase of 411,000 barrels per day (bpd) for July, the third such hike in three consecutive months, suggests ...
A sudden rise in crude prices driven by a renewed fear of a military confrontation between the US and Iran has caught out bearish traders, forcing many to rethink their near-term ...
After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...
Israel’s strike on Iran has injected a fresh bout of geopolitical risk into an oil market that has been in the doldrums due to concerns about the global economy and supply increases from OPEC+.
OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...
The latest escalation in tensions in Iran has paved the way for the return of risk premiums on oil prices once again.
For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...
The United States anticipates a significant slowdown in crude oil production growth by 2025. A sharper decline is expected in ...