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U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.
Oil prices have fallen more than $2 a barrel after the OPEC+ group of oil producing nations said it plans to increase output.
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After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...
Chevron CEO Mike Wirth argued against the move over concerns about energy security and growing Chinese influence in the ...
Crude oil prices fell to a multi-year low on Monday as OPEC+ confirmed plans to continue unwinding production cuts, ...
Futures for the Dow Jones Industrial Average dropped 193 points, or 0.47%. Futures for the S&P 500 fell 0.52%, and Nasdaq ...
The Department of the Interior also moved to speed up permitting for a range of energy sources, primarily fossil fuels.
Shares of Australia's Qantas Airways rose more than 5% on Monday to an over one-month high after oil prices dropped in early ...
StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears. Manufacturing is a ...
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...