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OPEC looking to regain market share with oil production increases, expert says
The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional barrels per day set to hit global markets in August, in a bid to regain market share lost to other oil producers,
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Market braces for sub-$60 oil as Opec+ lifts outputGlobal oil prices are poised to fall below $60 per barrel by year-end as Opec+ accelerates its unwinding of production cuts, ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Markets are thirsty for oil because they are absorbing Opec+ production increases without building inventories, United Arab ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
OPEC+ has surprised markets with a sharp output increase, citing strong demand and low inventories, and plans to fully unwind ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...
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OPEC+ jolted markets by announcing it would flood the market with more oil.
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...
NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...
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OPEC Strikes Back: How Their Bold Move Could Break the U.S. Oil IndustryIn a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...
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