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Crude oil slips over 1% as OPEC+ output hike and weak China demand weigh on prices. Traders brace for volatility amid rising ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
Oil crept higher as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, signaling a vote of ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
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 ...
Oil prices fell after OPEC+ countries unexpectedly announced a more significant increase in oil production in August than ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.