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Cryptopolitan on MSNOPEC increases supply as Trump delays tariffsOil prices moved back over $67 a barrel after Saudi Arabia unexpectedly raised prices for its Arab Light crude sold to buyers in Asia, according to Bloomberg. The hike adds $1 per barrel, bringing the ...
However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...
The oil market showed resilience, overcoming the initial shock of OPEC+'s larger-than-anticipated output increase for August.
Stocks drifted and the U.S. dollar held near multi-year lows on Monday, in market uncertainty after U.S. officials flagged a ...
Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.
OPEC+ shocked markets by boosting oil output by 548,000 barrels per day in August, risking a global surplus and lower prices, ...
The Organization of Petroleum Exporting Countries and its allies, known as OPEC+, agreed on Saturday to extend its oil ...
Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...
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