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The ultimate depth and duration of this current price environment remains unclear,” said ConocoPhillips chairman and CEO Ryan ...
World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind ...
Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it’s a foregone conclusion ...
U.S. crude oil production is now expected to decline in 2026 - the first year on year decline in U.S. production in roughly a ...
Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...
US President Donald Trump said on Thursday, “I think we are getting very close to getting a deal with Iran.” The US oil, WTI, is hitting a fresh leg lower on these above comments. At the time of ...
Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...
OPEC+ is accelerating the rollback of production cuts ... analysts at Standard Chartered have reported that the latest OPEC ...
Falling oil prices help achieve a key pledge of Trump’s campaign — to lower inflation — and are generally good for the ...
Changes in inventories reflect fluctuating supply ... When OPEC decides to lower quotas, it can tighten supply, pushing up ...
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