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OPEC, oil price
Crude oil prices today: WTI is trading at $67.30
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
Oil prices slide 3% on prospect of more OPEC+ oil
Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top crude exporter, will give up its $100 price target in preparation for raising output, along with OPEC members and allies in December.
Oil Price Expected to Weaken If OPEC+ Hikes Supply
Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting from December is adding to market nervousness.
3h
Oil prices rise on Middle East supply risks as Israel steps up attacks
Oil prices edged higher on Monday on increasing concerns of potential supply disruptions from the Middle East producing ...
Opinion
10h
Opinion
Mills: EIA expects oil and natural gas prices to rise
Mills: Crude oil and natural gas prices were flat the first half of September, but the Energy Information Administration ...
2d
on MSN
Oil prices mark a weekly loss on prospect of increased supply
Oil futures finished higher on Friday to modestly pare back their weekly loss from expectations OPEC+ will boost production ...
2d
Analysis-US Gulf Coast Oil Prices to Take Center Stage as Exports Dominate
However, not long after the U.S. lifted its ban on crude exports in 2015 amid a shale boom that turned the country into the ...
2d
on MSN
Oil prices dip on stronger supply prospects, China stimulus limits losses
Oil prices eased for a third day on Friday and were on track to fall for the week as investors focused on expectations of ...
KMA Land
1d
Oil Prices Move Higher On Interest Rate Cut
(KMAland) -- The Federal Reserve cut interest rates by half a point, a little larger than some economists had expected. With ...
2d
on MSN
Oil Prices Are Rising Today: What You Need To Know
Shares of United States Brent Oil Fund, LP (ARCA: BNO) are trading higher Friday as oil prices react to escalating tensions ...
3d
Oil prices turn sharply lower on reports Saudi Arabia set to raise output
Crude oil prices fall as OPEC+ plans production hike, Saudi Arabia to raise output, while Libya and China developments impact ...
49m
Morgan Stanley bumps FY25 earnings estimate for Asian Paints, Berger Paints on low oil prices; retains 'underweight' call
A decline in crude prices benefits paint manufacturers as that reduces their input costs and gives them more leeway to ...
3d
on MSN
Oil Prices, Stocks Fall Hard Despite Broad Rally in Commodities
Prices of copper and steel rose as reports emerged that China will add more stimulus measures to boost its economy.
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Middle East
Israel
China
Lebanon
Russia
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