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The Organization of the Petroleum Exporting Countries (OPEC) said on Friday that the joint ministerial monitoring committee ...
WTI fell 3% during the week as traders focused on negative U.S. economic news and signs of growing oil supplies.
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Barchart on MSNDollar Strength and Dampened Trade Deal Optimism Undercut Crude PricesSeptember WTI crude oil (CLU25) on Friday closed down -0.87 (-1.32%), and September RBOB gasoline (RBU25) closed down -0.0121 ...
"Its role is limited to monitoring conformity with production adjustments and reviewing overall market conditions," the organization said ...
According to the government, Saudi Arabia affirms its adherence to the voluntary OPEC+ output target. There is full ...
WTI crude is trading below $65, reinforcing the bearish tone as fundamentals and technicals move in tandem. The price has slipped decisively below the 50-day Simple Moving Average (SMA) at $65.44. It ...
OPEC+ is expected to maintain its current output policy at Monday's Joint Ministerial Monitoring Committee meeting, planning ...
All eyes are on a potential U.S.-EU deal. Officials from the European Commission--which negotiates on behalf of the EU's 27 member states--recently briefed EU envoys on the current status of talks ...
An OPEC+ panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four OPEC+ delegates said, ...
Oil rose for the first time in five sessions with help from expectations of the U.S. reaching a trade deal with the EU, while ...
The path of least resistance for oil prices from here is higher. That’s what analysts at Standard Chartered Bank, including ...
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