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Oil Prices Rise After Saudi Price Hike
Oil prices experienced a surge following Saudi Arabia's unexpected decision to increase prices for its primary crude grade for Asian customers. This move signals confidence in the market's capacity to absorb additional barrels from the Organisation of the Petroleum Exporting Countries (OPEC).
Oil prices are expected to fall below $60 per barrel as OPEC+ ramps up production, shaking up the global energy market. With ...
The market continued to trade in a back-and-forth pattern this week as it consolidated recent gains. Read more here.
There are indications that crude oil prices would soon rise to more than $90 per barrel following the escalation of the ...
MUMBAI, July 8 (Reuters) - Indian government bonds traded in a narrow range early on Tuesday as markets shrugged off a rise in U.S. Treasury yields and awaited a firm domestic catalyst to drive ...
Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...
China’s slowing demand and India’s rise as a refining hub, combined with “missing barrels” and potential new US sanctions, could drive unexpected bullish shifts in oil markets ...
Oil futures edged up on Wednesday as Iran suspended cooperation with the U.N. nuclear watchdog and markets weighed ...
Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...
According to new data from the Energy Information Administration, gasoline demand increased from 9.29 million barrels last week to 9.68. Total domestic gasoline supply decreased from 230 million ...
Thus, the world saw a price spike which, despite being widely predicted by many smart people, didn’t happen, and the reasons ...
Asian stock markets and oil prices face uncertainty as the U.S. signals tariff changes without clarification. President Trump ...
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