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Oil futures rebounded, and Capital Economics cut its year-end price forecast for Brent to $60 a barrel from $70, and for the end of 2026 to $50 from $60.
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...
The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...
Oil prices sank Sunday while U.S. stock futures declined after the S&P 500 notched its longest winning streak in more than 20 ...
Brent tumbled by as much as 4.6 per cent toward US$58 a barrel. Read more at straitstimes.com. Read more at straitstimes.com.
Goldman Sachs views the OPEC+ decision as a long-term equilibrium strategy aimed at maintaining internal cohesion and ...