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The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Crude prices remain rangebound as traders await decisive signals from OPEC+ and policy shifts, despite bullish inventory data ...
Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...
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Saudi Arabia and its partners have discussed another large output hike, even as prices slide and demand wavers.
Meanwhile, analysts polled by Reuters expect global oil demand to grow by an average of 775,000 barrels per day in 2025, with ...
Despite bearish demand signals and rising global supply, U.S. oil production continues to grow, raising the possibility of a ...