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WINNIPEG, Manitoba--Canola futures on the Intercontinental Exchange were moving upward in the middle of lighter trading on Friday despite a lack of support from comparable oils.
OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...
OPEC+ is accelerating its next meeting to approve a 411,000 b/d production increase as the group, led by Saudi Arabia, ...
Oil was trading slightly lower ahead of an OPEC+ meeting on July 6 that is set to deliver another oversized production hike.
Agence France-Presse on MSN12h
Stocks, dollar drop as tariff talk dominates
Stock markets mostly fell alongside a retreating dollar Friday as international tensions over tariffs dominated sentiment.
(Reuters) -Barclays on Thursday said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to ...
Stock markets rose and the dollar held steady Thursday as strong jobs data showed the resilience of the US economy.
Stock markets and the dollar largely steadied Thursday before key US jobs data and as investors kept a close eye on President ...
The physical volume of oil exports by OPEC countries in 2024 decreased by 3.55% to 19.01 mln barrels per day. OPEC's share of global oil deliveries was 43.96% last year, which is slightly lower than ...
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Saudi Arabia, OPEC’s top oil producer, earned $179 billion in 2024, making up about a third of the group’s total revenue..
The previously unreported preparations, which were detected by US intelligence, occurred some time after Israel launched its initial missile attack against Iran on June 13, said the officials, who req ...