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Crude oil futures are down about 13% since President Donald Trump announced his sweeping tariff plan on April 2.
OPEC and its allies, including Saudi Arabia and Russia have implemented steep oil production cuts since late 2022 ... Algeria ...
Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing output ...
As President Donald Trump's latest tariffs weigh on growth outlooks, OPEC+ members unveiled plans for an output boost that outpaced expectations.
The Organization of Oil Exporting Countries (OPEC) Monday decided to cut their output of crude and ... readiness to make immediate adjustments to production.” The move seeks to keep prices ...
April 3 (UPI) --Eight OPEC oil-producing nations Thursday agreed to boost crude oil production beginning in ... The larger 22-member OPEC organization has a cut of 3.66 million barrels a day ...
The OPEC+ countries that have been cutting their oil production for more than a year ... for May in addition to two monthly increments,” OPEC said today, yet again surprising the market with ...
Energy stocks are volatile, influenced by factors like commodity prices, geopolitical events, and supply changes. Read more ...
Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...
Opec+ members have been holding back production for the past three years, cutting their combined output by almost 6mn b/d in ...
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