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Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...
The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ ...
Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in ...
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...
Oil fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as ...
If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...
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