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OPEC+ has surprised markets with a sharp output increase, citing strong demand and low inventories, and plans to fully unwind ...
On July 7, President Donald Trump said that the United States must send more weapons to Ukraine. "We are going to send some more weapons. They [the Ukrainians] have to be able to defend themselves.
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Arabian Gulf Business Insight on MSNUAE says oil markets are absorbing barrels not stockpilingOil markets are absorbing Opec+ production increases without building inventories, which means they are thirsty for more oil, the UAE’s energy minister said on Wednesday. Opec+, which pumps about half ...
Oil prices climbed on Wednesday, maintaining their highest levels since June 23, lifted by attacks on shipping in the Red Sea, along with concerns over steep U.S. tariffs on copper and a forecast for ...
Bloomberg on MSN2h
McNally on OPEC+ Production Increase, Oil Price, TariffsBob McNally, Rapidan Energy Group founder and president, discusses OPEC+'s recent decision to increase oil production for the month of August. He also talks about oil prices outlook, non-OPEC ...
Oil futures continued to post gains with the market unfazed by OPEC+ plans for higher production and supported by gains in products. Exxon just warned Wall Street of billion-dollar profit hits. Here's ...
WTI price gains ground amid rising supply concerns following the Houthis' attack in the Red Sea. The implementation of the US ...
Comex copper futures surged to a record high after Trump said he planned a 50% tariff on copper imports, more than the market ...
Oil markets are absorbing OPEC+ production increases without building inventories, which means they are thirsty for more oil, ...
In the US, choppy oil prices are limiting drilling, with the Energy Information Administration trimming its crude output ...
Asian equity markets experienced a downturn on Wednesday due to escalating global trade tensions fueled by US tariff threats, ...
Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...
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