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The plunge in oil prices on Friday presented a different layer of complexity for the Organization of the Petroleum Exporting ...
Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...
The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned ...
Oil prices are crashing due to global economic concerns and increased OPEC production. Goldman Sachs says Brent oil could fall under $40 by 2026 in an 'extreme' scenario US oil production may ...
Eight key OPEC+ producers on Thuesday agreed to raise combined crude oil output by 411,000 barrels per day, speeding up the pace of their scheduled hikes and pushing down oil prices. The Ice Brent ...
President Trump’s sweeping tariffs combined with OPEC’s unexpectedly large production hike are combining to trigger a “double whammy” on the oil and gas sector, resulting in crude prices ...
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