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of 2.2 million barrels per day, past a June 30 deadline. The OPEC+ has slashed production over the past year to support oil price, but this has provided only fleeting support to prices ...
Crude oil futures lost ground with concerns about weaker demand weighing and supply risk from Hurricane Rafael diminishing. "This risk reduction helped alleviate some of the upward pressure on oil ...
Oil prices fell on Friday on worries that U.S. tariff wars could spark a global recession, but gained for a third consecutive ... anticipated 200,000 barrel-per-day decline in Venezuelan crude ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States ... Brent crude was trading down another $2.72 (-4.24%) on the day following days of rough pricing ...
"Colombia is the fourth largest supplier of crude oil to the U.S., exporting a little more than 200,000 barrels a day." Prices are also pressured by China's manufacturing activity unexpectedly ...
Light crude oil futures are trading slightly lower Monday ... Resistance stands near last week’s high of $64.87, followed by the 50-day moving average at $66.05. The technical setup points ...