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Crude prices broke out of the 4-week period of consolidation to the upside this week and breached a key technical level as ...
Here is a look at what happened in oil markets in the week of June 2-6 and what the focus will be in the days to come.
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, the world's biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after OPEC+ hiked ...
Saudi Arabia lowered the July price of its Arab Light crude for Asian buyers after OPEC+ decided to accelerate output hikes.
There are downside risks for oil in the coming months, particularly from higher supply. However, prices could rise again from ...
Gas prices are edging lower as June begins, even as crude oil prices are climbing, AAA Oregon/Idaho reported Tuesday. The ...
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Oil futures gained in the wake of the OPEC+ decision to unwind another 411,000 barrels a day of output cuts in July.
Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend ...
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