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Oil Prices Rise After Saudi Price Hike
Oil prices experienced a surge following Saudi Arabia's unexpected decision to increase prices for its primary crude grade for Asian customers. This move signals confidence in the market's capacity to absorb additional barrels from the Organisation of the Petroleum Exporting Countries (OPEC).
WTI crude oil is rebounding from its long-term support at $66, while natural gas prices are consolidating within the ...
China’s slowing demand and India’s rise as a refining hub, combined with “missing barrels” and potential new US sanctions, could drive unexpected bullish shifts in oil markets ...
Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as ...
Asian stock markets and oil prices face uncertainty as the U.S. signals tariff changes without clarification. President Trump ...
Oil prices rise in early trade as investors closely monitor the stability of the Israel-Iran cease-fire, with Brent crude ...
Oil prices sold off on Monday and Tuesday after Iran held back from targeting regional crude supplies, and Trump pushed ...
Much stronger U.S. imports have "helped encourage a build in oil inventories,” said Matt Smith, U.S. head analyst at Kpler. The Energy Information Administration reported Wednesday that domestic crude ...
The Washington-based EIA reported that, on a monthly basis, Iraq’s oil exports increased by 40,000 barrels per day in June.
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Oil Prices Slide Following Bigger-Than-Expected OPEC+ Supply IncreaseOil prices dropped significantly during Asian trading hours on Monday after OPEC+ revealed plans to raise production by more ...
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