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OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...
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Opec oil output misses May target, survey finds
Opec oil output rose in May by less than the volume planned, a Reuters survey has found, as Iraq made further cuts to compensate for earlier pumping above target and Saudi Arabia and the United Arab ...
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OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate ...
Dubai OPEC+ has escalated production quotas by roughly one million barrels per day from March to June, aiming to reactivate idled capacity, yet actual output across the group remains flat, according ...
The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...
Oil prices settled higher on Thursday, recovering from the previous day's drop, on news that the US and China agreed to more trade talks following a phone call between US President Donald Trump and ...
The price cut by Saudi Arabia, key oil producer within OPEC - the oil producing group that includes members of the Organization of the Petroleum Exporting Countries and allies such as Russia - follows ...
Russian and Saudi oil interests have not been so misaligned since the pandemic as Saudi Arabia seeks to accelerate its oil ...
Brent crude futures settled up 48 cents, or 0.7%, at $65.34 a barrel. U.S. West Texas Intermediate crude settled up 52 cents, ...
By boosting supply in a market already grappling with sluggish demand, the move is likely to keep oil prices lower for an ...