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WTI and Brent oil prices rise ahead of Memorial Day, but geopolitical risks and OPEC’s production plans keep the market under pressure.
OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply ...
The pressure on markets comes as Bloomberg News on Thursday reported that members of the OPEC+ group are considering another output hike in July. The group has already agreed to raise production by ...
While the United States is still expected to drive supply growth, OPEC expects total oil output to rise by about 300,000 bpd this year. Last month, it forecast growth of 400,000 bpd. OPEC left ...
OPEC is pumping, oil prices are falling, shale producers are pulling up rigs. Our experts explain how to profit from the ...
Nigeria is urging oil companies to collaborate and increase production as the country continues to fall short of its OPEC ...
Prices had gained earlier in the session on a CNN report on Tuesday that U.S. intelligence suggests Israel is preparing to ...
Oil trimmed gains on Wednesday as concerns over possible Middle East supply disruptions were offset by a jump in US ...
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