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Over the weekend, eight OPEC+ members agreed to raise the group's production by 547,000 b/d in September for a fifth-straight monthly increase in the oil cartel's output. That is on track to ...
Diamondback Energy (NASDAQ:FANG) -3.2% in Tuesday's trading after missing expectations for Q2 adjusted earnings, cutting ...
BP has been subject to speculation that it could be acquired by a rival but if the positive results continue, the threat may disappear, Cheviot adds. What is most encouraging is that BP grew earnings ...
Crude futures extended losses. OPEC+ plans for higher output have raised concerns of oversupply while India pushes back against U.S. tariff threats over its Russian oil purchases.
Wall Street headed higher in early trading as markets’ anxiety over last week’s poor jobs data appears to have dissipated as ...
Meanwhile, the price of futures contracts of WTI crude oil for September 2025 delivery was down by 0.98% at $65.52 per barrel ...
U.S. President Donald Trump is pushing China and India to stop buying oil from Russia and helping fund the Kremlin's war against Ukraine.
Oil prices were little changed on Tuesday as traders assessed rising supply by OPEC+ against worries of weaker demand and U.S ...
Oil futures fell for a third consecutive session after OPEC+ said it will lift output by another 547,000 barrels a day in ...
Oil prices dip as OPEC+ hikes supply; analysts highlight supply risks and market strategies. Discover insights on Brent, WTI, ...
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