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The OPEC+ decision will bring nearly 80% of the 2.2 million-bpd voluntary cuts from eight OPEC producers back into the market ...
Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
US stocks open lower on tariff uncertainty. Trump said higher tariffs start Aug 1 for nations without deals. Tesla sinks on ...
August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...
Average gasoline prices in Eugene have decreased by 9.5 cents per gallon over the past week, now averaging $3.88 per gallon.
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.
Stock markets diverged while the dollar strengthened Monday as countries fought to hammer out trade deals days before US ...
European stock markets and the dollar strengthened Monday as countries fought to hammer out trade deals days before US ...
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
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Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...