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The large increases from OPEC+ will push the global oil market into a large surplus from the fourth quarter of this year ...
The oil market can absorb accelerated OPEC+ output hikes through summer, but sustaining that pace risks leading to sharp price declines and a shift to contango, according to Rystad Energy. A contango ...
Oil Market Can Handle OPEC+ Supply Surge Through Summer But Risks Mount Beyond Oil prices slid after jumping in the previous session, while Rystad Energy said the market can absorb accelerated OPEC+ ...
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...
Oil prices rallied as US President Donald Trump signaled skepticism over talks with Iran and confidence in a trade deal with China.
The International Atomic Energy Agency board resolution, which passed by 19-3, is the first time Iran has been found in noncompliance with its nuclear duties in 20 years. The vote was called over Iran ...
As for the other main ratings agencies, in late May, S&P Global Ratings said it expects U.S. oil and gas producers to reduce ...
Iraq’s oil output in May declined by 59,000 barrels per day as Iraq plans to accelerate measures to compensate for prior ...
NEW YORK] Oil prices rose more than 4 per cent on Wednesday, to their highest in more than two months, after sources said the ...
US President Donald Trump told the New York Post he’s “less confident” about whether he can convince Tehran to agree on ...
Several pieces of bullish news converged on oil on Wednesday, causing prices to jump more than 6% during the day, but a 3% ...
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