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OPEC set to complete unwinding of voluntary oil output cut in Sept, sources say
OPEC+ oil producers are set to approve another big output boost for September as they complete the unwinding of voluntary output cuts by eight members and allow the United Arab Emirates to pump more to meet a larger quota,
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OPEC+ jolted markets by announcing it would flood the market with more oil.
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OPEC+ unexpectedly boosts output, driving down oil pricesFutures for Brent crude dropped 47 cents, or 0.69%, to $67.83 per barrel, while West Texas Intermediate (WTI) fell 95 cents, ...
Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty ...
OPEC and its allies agreed to a larger-than-expected production hike for the fourth straight month, fueling concerns about a ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...
The price of oil was stable on Monday despite a larger-than-expected increase in production by the Organization of the Petroleum Exporting Countries and its allies. Seasonal demand and doubts about ...
Markets reacted cautiously as U.S. trade policies remained uncertain, with President Trump planning tariff hikes. OPEC+ ...
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...
Brazil, Guyana and Argentina drive a fast-growing share of global oil output.
Another assignment that is much more definitive: the OPEC Seminar. The circus rolls back into Vienna as the oil producers' ...
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