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Why oil prices are 'surprisingly stable' despite OPEC+ August output hike and coming end to tariff reprieve
Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000](
Oil Prices Are Holding Steady. Why the OPEC+ Output Hike Isn’t a Problem.
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 the actual increase in output explain the muted reaction.
Indian Oil forecasts stable international oil prices around $65–$70 per barrel, sees limited Russian crude advantage, and ...
Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.
Crude oil futures traded lower on Monday morning due to factors such as US President Donald Trump’s decision to impose an ...
Saudi Aramco is raising crude prices globally next month despite OPEC+’s decision to significantly increase oil supply.
Fuel oil imports into the refinery hub on the U.S. Gulf Coast hit a record low in June as tighter global supplies prompted refiners to run more heavy, sour crude.
India's crude oil sourcing strategy, dominated by Russian barrels and Middle Eastern flows, driven by refining economics and ...
6hon MSN
Mumbai:The rupee fell sharply by 47 paise to close at 85.87 (provisional) against the US dollar on Monday amid rising global ...
(Bloomberg) -- Russia’s crude shipments remained near the lowest in more than two months as declines in flows from smaller ...
The oil market continues to see a lot of noisy trading, but at the point it looks like we are going to do whatever we can to ...
11hon MSN
OPEC+ jolted markets by announcing it would flood the market with more oil.
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