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LONDON - Oil prices held steady on Wednesday amid global trade tensions and as ongoing OPEC+ output increases were offset by ...
"Supply risks around the Alberta wildfires appear to be receding, at least for now, due to rainfall. Oil producer Canadian ...
Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
Russia, Oman, and Algeria all expressed reservations ahead of the OPEC+ meeting but ultimately aligned with the consensus to ...
"If demand drops, alongside low crude oil prices, pump prices may continue to fall." Throughout the state, the ...
The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
Saudi Arabia's past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.
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