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Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ ...
Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...
The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.
Oil prices rebounded more than $1 a barrel on Monday after producer group OPEC+ decided to increase output in July by the ...
Russia, Oman, and Algeria all expressed reservations ahead of the OPEC+ meeting but ultimately aligned with the consensus to ...
Oil climbed after OPEC+ increased production less than some had feared and geopolitical concerns flared in Ukraine and ...
If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...
Asian shares have fallen and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical ...
Saul Kavonic, Head of Energy Research from MST Marquee joins CNBC's Dan Murphy to break down the drivers behind rising oil ...
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