Oil prices slipped on Tuesday as investors braced for a supply surplus due to potential OPEC+ plans for a larger output hike next month and the resumption of oil exports from Iraq's Kurdistan region ...
Major Wall Street banks have kept their oil-price forecasts for the year largely stable as investors weigh concerns about an impending supply glut against risks of disruption to Russian supplies.A ...
Oil prices fell on Tuesday ahead of another anticipated production increase by OPEC+ and as the resumption of oil exports from Iraq's Kurdistan region via Turkey reinforced market expectations of a ...
Oil prices are expected to hold almost steady this year despite mounting supply from both OPEC+ and non-OPEC producers, with concerns about a potential glut tempered by uncertainty over Russian output ...
Imperial will “consolidate activities to its operating sites” and enhance its operational focus, the company said in statement Monday. The cuts are anticipated to reduce annual expenses by C$150 ...
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Double Supply Whammy Knocks Down Oil Prices
OPEC+ supply hike chatter and Iraq’s Kirkuk-Ceyhan restart sparked the steepest daily oil price drop in nearly two months ...
Crude oil slips below 200-day moving average at $63.08, signaling a shift toward a bearish trend in oil futures. OPEC+ may approve a 137,000 bpd output hike this week, raising fears of an oversupplied ...
A nationwide strike has erupted in Nigeria after the Dangote refinery, Africa's largest, fired 800 workers, threatening the country's fuel supply and export ambitions.
The Dangote Refinery has signed a new crude oil supply deal with the Nigerian National Petroleum Company Limited (NNPC) under the Naira-for-Crude Initiative.
Oil prices fell by nearly 2 per cent on Monday as OPEC+ plans for another increase to oil output in November and the resumption of oil exports by Iraq's Kurdistan region via Turkey raised the global ...
Oil prices fell on Tuesday as another anticipated production increase by OPEC+ and the resumption of oil exports from Iraq's Kurdistan region via Turkey reinforced the outlook for a looming supply ...
Russia remained the largest supplier of crude oil to India in September with a 33.3% share, despite the mounting US pressure on New Delhi to stop its purchases of barrels from the sanction-hit country ...
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