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Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
US stocks extend losses, downabout 1%, near miidday after Trump announces 25% tariffs on Korea and Japan. Tesla bleeds on ...
The Trump administration on Monday wound down a license allowing shipments of liquefied petroleum gas (LPG) to Venezuela's ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific ...
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...
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In the twentieth century, oil and its accessibility were one of the greatest geopolitical advantages a nation could have. Oil ...
OPEC+ is expected to fully unwind its 2.2 million bpd output cuts by September, following a surprise superhike in August.
However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...