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Asian Paints, IOC shares rise as larger-than-expected OPEC+ oil output hike lowers raw material cost
OPEC+ has agreed to hike oil production by 5.48 lakh barrels per day (bpd) in August. This is significantly higher than the 4 ...
Goldman Sachs expects OPEC+ members to increase oil production by 550,000 bpd in September
Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...
The Business Times7h
Opec’s new supply shock nails on oil market’s return to surplus
NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...
Ticker: OPEC+ to boost oil production; China bans EU medical devices
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...
Trade deadlines and oil drama set the stage for a crunch week in global markets
Another assignment that is much more definitive: the OPEC Seminar. The circus rolls back into Vienna as the oil producers' ...
Oil Gives Back Some Gains With OPEC+ in View
After yesterday’s rally on renewed Middle East geopolitical risk premium, the market was restrained by the widely held view that OPEC+ will agree to bring back another 411,000 barrels a day in August.
‘Electricity is the new oil’: Expert anticipates oil prices to stay below US$70
Amid ongoing tensions in the Middle East between Israel and Iran, a commodities expert says he expects oil prices to remain ...
InvestorsHub on MSN3d
Oil Prices Ease as U.S. Inventory Gains Raise Demand Concerns Ahead of OPEC+ Meeting
Oil prices pulled back during Asian trading on Thursday, giving up some of the strong gains recorded in the previous session ...