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Oil prices expected to drop below $60 as OPEC+ boosts output and market shifts- Oil prices are under growing pressure as ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...
Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific ...
US stocks open lower on tariff uncertainty. Trump said higher tariffs start Aug 1 for nations without deals. Tesla sinks on ...
Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
The increase of oil output has mostly come from Saudi Arabia, in a show of confidence that oil is in demand despite concerns ...
Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...
The cost of gas is up by 10 cents a gallon in the state, including South Florida. But prices in the Miami area are about the ...