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Posted 22/05/2025

Global Oil Price Could Drop Below $60 as OPEC+ Aims to Retake Market Share from US

Amidst OPEC+'s decision to increase oil output and punish overproducing allies, Saudi Arabia and...

Posted 04/04/2025

Goldman Sachs Cuts Oil Price Forecasts, Reckoning OPEC+ Supply Concerns and Trade Tensions

Goldman Sachs has revised its expectations for the average price of Brent crude in...

Posted 04/03/2025

OPEC+ Sticks to April Production Hike amid Mounting Pressure from Trump

OPEC+ decided during a virtual meeting on Monday to move forward with an oil...

Posted 19/12/2024

OPEC+ Fears US Oil Boom under Trump Could Undermine Market Share and Prices

OPEC+ is concerned about a potential rise in US oil production when Donald Trump...

Posted 12/12/2024

OPEC Cuts 2024 Oil Demand Growth Forecast for Fifth Consecutive Month

On Wednesday, OPEC slashed its 2024 oil demand growth prediction down for the fifth...

Posted 06/12/2024

OPEC+ Delays Oil Output Increase Amid Sluggish Global Demand

In a strategic move responding to tepid global demand and surging production outside its...

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