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Following an online meeting lasting just over an hour, the producer group announced the supply increase, saying the fundamentals of the oil market were healthy and inventories were low ...
Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output ...
U.S. benchmark oil prices (CL.1) fell 18.6% in April - their biggest monthly loss since November 2021 - with some members of OPEC+ set to Saturday, two days earlier than previously planned, according ...
Crude prices continued lower this week due to the ongoing tariff uncertainty, a barrage of negative economic signals, demand ...
Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June on Saturday, due ...
Chevron also reported its lowest first-quarter profits in years, with per-share adjusted profit falling to $2.18 per share on ...
Shell exceeded analyst expectations on Friday, reporting a 28% drop in first-quarter net profit to $5.58 billion, while ...
The J.P. Morgan research note showed that the company is projecting that Brent crude oil will average $66 per barrel in 2025 ...
Crude oil prices experienced a rebound due to China signaling willingness to negotiate tariffs with the US, despite being on ...
Oil futures surged late in a choppy session as President Trump threatened secondary sanctions against any country buying Iranian oil or petrochemical products.
Crude oil prices were mostly flat by midday Thursday, regaining its footing after three consecutive days of sharp losses as market participants assessed oversupply risks due to higher OPEC+ production ...
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