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The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...
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OPEC+ jolted markets by announcing it would flood the market with more oil.
NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices.
OPEC was formed by five petroleum-rich countries in 1960. At the time, the global oil market was dominated by a group of multinational, Anglo-American companies known as the “Seven Sisters.” ...
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OPEC Strikes Back: How Their Bold Move Could Break the U.S. Oil IndustryIn a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...
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