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Oil prices have begun rebounding amid signs of easing U.S.-China tensions and a surprise dip in U.S. inflation.
Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...
OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...
A bold Saudi-led move to reorder the global oil market with an aggressive ramp-up of OPEC+ supply is forcing Wall Street ...
Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...
Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy. Click to read.
Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...
OPEC+ decided to increase its production hike for the second time over the weekend, causing prices to slump again this ...
Together, the potential Opec+ hikes in May and June are likely to add up to 400,000 bpd to Aramco’s oil production ...
(AP Photo/Andre Penner, File) BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country's evolution into a major oil ...
Kazakhstan's oil production fell 3% from March to 1.82 million barrels per day (bpd) in April, but was again above the ...
Saudi Arabia especially excelled at curbing supply—to no avail. Factors outside OPEC+’s control caused prices to slide lower and stay lower. And OPEC+ has now come to terms with this ...
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