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Crude oil futures ended lower as the market awaits the outcome of Saturday's OPEC+ meeting, where the group is widely ...
Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...
If OPEC+ output rises as expected, Todorova believes WTI prices could decline to $53 to $55 a barrel, while Brent could fall to $56 to $58 - marking declines of roughly 10% from current levels. If ...
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Stocktwits on MSNCrude Oil Prices Fall Amid Escalating Trade Tensions With China, Possible OPEC+ Output HikeCrude oil prices declined by nearly 1.5% on Friday after President Donald Trump reignited trade tensions with China, saying ...
MACRO: A sharp selloff in oil prices ahead of the OPEC+ meeting has been partially offset by a larger-than-expected drawdown in U.S. oil inventories, with gasoline demand spiking ahead of driving ...
Petroleum prices, however, are being helped by a weaker dollar, which remains near a 52-week low against a basket of foreign currencies on the U.S. Dollar Exchange. A weaker U.S. currency makes dollar ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
The double whammy of OPEC+’s unpredictability and Donald Trump’s heated rhetoric over China ‘totally violating its agreement’ ...
OPEC+ is reportedly considering a larger-than-planned oil production increase for July in response to Kazakhstan's refusal to ...
Oil prices were on track to end the week down more than 1% on Friday amid whipsawing tariff rulings in the U.S. and as the ...
Crude oil futures fell after surrendering early gains that followed the US Court of International Trade's ruling that ...
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