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OPEC+ could boost production beyond current plans in June amid mounting tensions with Kazakhstan, according to DNB Markets. “Saudi Arabia and its allies will likely immediately launch a broad ...
Oil prices slipped 2% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but ...
Brent crude futures were up 52 cents, or 0.79%, at $66.64 a barrel by 1034 GMT while U.S. West Texas Intermediate crude gained 59 cents, or 0.95%, to $62.86 ...
This led to reports that other OPEC+ members are pushing for aggressive supply hikes in June. Earlier this month, OPEC+ ...
Oil markets have been jittery since early April, when the producers’ group led by Saudi Arabia stunned traders by ...
Kazakhstan's public defiance of the OPEC+ oil production alliance could signal its exit from the group and push Saudi Arabia ...
West Texas Intermediate (WTI) Oil price recovers its daily losses, trading around $62.20 per barrel during Thursday’s Asian hours. However, crude Oil prices face headwinds as investors assess the ...
Growing disagreements between OPEC+ members have oil sitting out the broader risk-on move seen across financial markets as ...
While U.S. stock markets rallied on news of possible tariff reductions on China, oil prices fell as market sentiment soured ...
Oil prices slipped 2% on Wednesday as sources said Opec+ would consider accelerating its oil output increases in June, but losses were curbed following a report that US President Donald Trump may cut ...
Oil traders aren't persuaded by the equity rally, since big problems are brewing within the Organization of the Petroleum Exporting Countries, said Manish Ra ...
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