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Oil prices edged down on Monday as investors weighed easing Middle East risks and a possible OPEC+ output increase in August.
In decades past, turmoil in the Middle East would send crude oil prices soaring, pushing up the cost of gasoline for drivers ...
Oil tanks. The US Department of Energy will not complete scheduled deliveries of crude oil into the Strategic Petroleum Reserve (SPR) until the end of the year due to maintenance, as much as seven ...
Crude oil falls below $60 as increased supply and weak demand weigh on the oil market outlook. Trump’s push for lower prices gives Saudi Arabia cover to pursue aggressive oil production goals.
Iran launched missiles at a U.S. military base in Qatar on Monday, threatening to stoke a wider conflict in the Middle East, ...
Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass through it. Following Saudi Arabia are Iraq, the United Arab Emirates, ...
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