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The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
A gas expert is providing optimism for the Pittsburgh area regarding the future of gas prices. Prices have dropped below $3 a ...
Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...
The outlook from Diamondback, one of the industry’s most prominent producers, marks a key shift for expectations within the ...
Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...
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Investor's Business Daily on MSNOPEC Shifts To Oil Price-War Stance Ahead Of Trump Saudi VisitThe Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...
"OPEC+'s rubric is not satifying all of its members equally," Ed Bell, chief economist and head of research at Emirates NBD ...
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