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Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...
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 ...
Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...
The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
Oil prices dipped but were on track for a weekly gain, while OPEC+ members are expected to agree to two large output hikes for August and September at their next meetings.
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...
Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ ...
Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...
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