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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 ...
The Organization of the Petroleum Exporting Countries and its allies, or OPEC+, said that it has agreed to raise oil output by 548,000 barrels a day in August on Saturday. The announcement came after ...
By Alex Lawler, Maha El Dahan, Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ agreed on Saturday to raise ...
Geopolitical tensions and rising OPEC+ output keep oil and natural gas markets volatile as traders assess shifting ...
The world's largest group of oil producers, OPEC+, is set to announce another big increase of 411,000 barrels per day in production for August as it looks to regain market share, four delegates from ...
OPEC+ crude production rose in June but fell short of its planned hike, with Saudi Arabia clarifying its output amid market ...
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...
OPEC+ has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share.
Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...
Eight OPEC producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 barrels per day rate.
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
A potential cut in production of 1 million bpd would send a global signal that OPEC+ wants to regain control of a market that it believes has deviated from the fundamentals of supply and demand ...