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After several months of volatility in the market, a new forecast is predicting slightly stronger oil prices for the rest of ...
Oil prices fell more than 1 per cent on Monday after OPEC+ announced a larger-than-expected production increase for August, fuelling fears of oversupply at a time when markets are already weighing the ...
The larger-than-expected production hike was feeding concerns about a global supply glut at a time when the demand outlook looks uncertain.
Stocks in Asia fell on Monday after unclear messages on tariff changes from United States officials confused investors.
OPEC+ boosts summer oil production by 548,000 bpd in August, surprising markets, pushing prices lower, and stirring global ...
SÃO PAULO—South American oil fields are booming. Brazil, Guyana and Argentina are forecast to drive more than 80% of growth ...
The OPEC+ alliance is expected to approve a major increase in oil production in September, effectively ending the voluntary output cuts maintained by ...
Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.
In April, Trump unveiled a tariff base rate of 10% on most countries, and additional duties ranging up to 50%, although he later delayed the effective date for all those except the 10% rate until July ...
Oil prices rebound as tight supply offsets OPEC+ output hike. Traders eye $67.58 for crude futures breakout amid bullish oil ...
President Donald Trump confirmed that tariffs are set to go into effect Aug. 1, extending the original deadline of July 9.
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