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An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate ...
Oil futures snap a three-day winning streak with the approach of the U.S. tariff deadline and the OPEC+ meeting that's expected to bring another large output increase for September. A rash of U.S.
HOUSTON -Oil prices fell more than $2 a barrel on Friday morning on jitters about a possible increase in production by OPEC and its allies, while weaker-than-expected U.S. jobs report fed worries ...
CNBC's Brian Sullivan reports on news regarding OPEC's international seminar. With new power, Trump will move immediately to lay off federal workers Simon Cowell Stops ‘AGT' Audition, Asks ...
OPEC now sees global demand growing by 1.3 million barrels a day, or mbd, in 2025 and by 1.28 mbd in 2026. In March, the cartel had forecast growth of 1.45 mbd this year and 1.43 mbd in 2026.
Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...
Crude futures are headed for weekly declines after U.S. President Trump outlined plans to boost domestic production and said he would ask Saudi Arabia and OPEC to lower oil prices. Brent crude and ...
OPEC-Plus’s plan to hike production by 411,000 barrels of oil per day in July comes after its recent daily increases totaling 530,000 barrels for the purpose of curbing American production and ...
Eight members of the OPEC Plus oil producers group said Saturday that they would pump an additional 548,000 barrels a day starting in August, an increase that was higher than some analysts ...
An oil port at Ras Tanura, Saudi Arabia, in 2018. The kingdom and seven other members of the OPEC Plus oil cartel will ramp up oil production by 411,000 barrels a day in July. Christophe Viseux ...
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