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OPEC+ is likely to go ahead with big production hikes in August and September, HSBC said, adding that deteriorating fundamentals raised downside risks to prices and its $65 assumption from 4Q onwards.
Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President Donald Trump ...
Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President Donald Trump ...
Brent traded around $65 a barrel and was on track for its first weekly gain since mid-May, while West Texas Intermediate was ...
Oil prices settled higher on Thursday, recovering from the previous day's drop, on news that the US and China agreed to more trade talks following a phone call between US President Donald Trump and ...
The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
Russian and Saudi oil interests have not been so misaligned since the pandemic as Saudi Arabia seeks to accelerate its oil shift.
Brent crude futures settled up 48 cents, or 0.7%, at $65.34 a barrel. U.S. West Texas Intermediate crude settled up 52 cents, ...
Oil prices gain more than 1% after Chinese state media reported that U.S. President Trump spoke with Chinese leader Xi Jinping. U.S. natural gas prices were higher awaiting the EIA's weekly inventory ...
By boosting supply in a market already grappling with sluggish demand, the move is likely to keep oil prices lower for an ...
US stock market future updates show Dow futures rising 60 points ahead of key jobless claims data and the ECB rate decision.
Brent crude futures were up 23 cents, or 0.35%, at $65.09 a barrel by 1148 GMT. U.S. West Texas Intermediate crude gained 16 ...