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Oil Prices Are Holding Steady. Why the OPEC+ Output Hike Isn’t a Problem.
The price of oil was stable on Monday despite a larger-than-expected increase in production by the Organization of the Petroleum Exporting Countries and its allies. Seasonal demand and doubts about the actual increase in output explain the muted reaction.
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
AUD/USD consolidates latest gains below 0.6550 as RBA Governor Bullock's press conference gets underway early Tuesday. The Aussie's uptick was driven by the RBA's surprise policy decision. The RBA ...
U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.
The Executive Director of the Centre for Environmental Management and Sustainable Energy (CEMSE), Ben Nsiah, has raised ...
Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...
Crude oil futures traded lower on Monday morning due to factors such as US President Donald Trump’s decision to impose an ...
U.S. crude oil inventories posted a fifth straight weekly decline, falling by 5.8 million barrels, compared to expectations ...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says several upstream oil producers resisted the government’s ...
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
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