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On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
Crude oil futures settled at the lowest levels in more than four years after the decision by OPEC+ to accelerate its ...
OPEC+'s decision to aggressively increase oil supply will result in an earlier and sustained market surplus throughout 2025.
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
"OPEC+'s rubric is not satifying all of its members equally," Ed Bell, chief economist and head of research at Emirates NBD ...