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OPEC oil output rises in June on Saudi and UAE hikes, Reuters survey finds
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, although the increase was limited as Iraq pumped below target to compensate for earlier overproduction.
2don MSN
OPEC+ jolted markets by announcing it would flood the market with more oil.
Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...
Cryptopolitan on MSN2d
Oil surges back above $67 after Saudi hikes flagship crude price for Asian buyersOil prices moved back over $67 a barrel after Saudi Arabia unexpectedly raised prices for its Arab Light crude sold to buyers ...
The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Oil prices fell after OPEC+ countries unexpectedly announced a more significant increase in oil production in August than ...
Agence France-Presse on MSN4d
Saudi Arabia, Russia and six other key members of the OPEC+ alliance on Saturday said they would further increase oil output in August.They decided to hike production to 548,000 barrels per day, a statement following a meeting in Vienna said. Analysts had expected the alliance to decide on another output increase of 411,000 barrels ...
Saudi Gazette on MSN7h
Saudi energy minister: oil and gas will remain indispensable despite expansion of renewable energySaudi Energy Minister Prince Abdulaziz bin Salman said that oil and gas will remain indispensable despite expansion of renewable energy. "While renewable, nuclear power, and hydrogen energy sources ...
NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...
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