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Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...
HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...
Oil prices dipped but were on track for a weekly gain, while OPEC+ members are expected to agree to two large output hikes for August and September at their next meetings.
The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in ...
If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...
The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.
Oil fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as ...
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