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Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil production and rising demand for oil products countered OPEC+ output increases and worries U.S.
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Crude oil prices declined after OPEC agreed to raise production by 548,000 barrels per day in August. Oil prices also came ...
Fueling The Conversation, Week of July 7th, 2025 Rumblings of another Middle East situation have grabbed headlines over the ...
Russia's crude oil shipments have dropped to their lowest level since February, as rising refinery runs outpace production, ...
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
OPEC+ jolted markets by announcing it would flood the market with more oil.
Monday closed down -0.41 (-0.63%), and August RBOB gasoline (RBQ25 ) closed up +0.27 (+0.13%). Crude oil and gasoline prices ...