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The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for — and American ...
OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst monthly performance in years. Now the group of oil producers might add even ...
Oil fell by more than $1 a barrel on Monday to settle at over four-year lows as an OPEC+ decision to expedite its output ...
OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy.
Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy. Click to read.
Oil prices fell more than $1 a barrel on Monday as OPEC+ is set to further speed up oil output hikes, spurring concerns about ...
Oil dropped after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a ...
Goldman Sachs reduced its oil price forecast following decisions by the Organization of the Petroleum Exporting Countries and ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...
Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output ...
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 ...
Kazakhstan is considering its options for complying with the country’s OPEC+ obligations to cut production, after Saudi ...
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