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Oil, OPEC

Oil rises on tighter OPEC supply, US jobs data

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while data showing an unexpected increase in U.S. job openings pointed to expanding economic activity and consequent growth in oil demand.

Investing · 2d

Oil prices edge higher; OPEC supply, tighter sanctions talk help

Investing.com--Oil prices edged higher Wednesday, extending a bounce from the prior session as US industry data pointed to a drop in oil inventories, while production by OPEC countries was seen falling.

MarketWatch on MSN · 2d

Oil prices struggle for direction as U.S. crude supplies fall and product stocks rise

Oil futures struggled for direction on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate stockpiles climbed by more than 6 million barrels each.

Hosted on MSN · 2d

Oil prices surge as OPEC supply drops, US crude stocks decline

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while U.S. crude oil stocks fell last week, market sources said, citing American Petroleum Institute figures. Also supporting prices was an unexpected increase in U.

2hon MSN

Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

Oil trims gains on dollar strength, tight supplies provide support

Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of ...

Rigzone2d

Brent Oil is at the Mercy of OPEC+, SEB Analyst Warns

Brent crude is totally at the mercy of OPEC+, but the group will stay the course through 2025. That’s what Bjarne Schieldrop, ...

Crude Oil Prices1d

Standard Chartered: U.S. Oil Production Growth To Decline In 2025

Standard Chartered: the slowdown in U.S. oil production growth is set to continue in 2025 and 2026. Standard Chartered: the U ...

OPEC oil output falls in December on UAE and Iran, survey finds

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...

Oil Averaging $65 in ‘25 to Keep OPEC+ Under Pressure, BofA Says

International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries ...

Crude Oil Prices1d

Saudi Oil Exports to China Set for February Decline

Saudi Arabia's oil exports to China are expected to decrease in February due to a price increase by Aramco, impacting the ...

AllAfrica.com2d

West Africa: Nigeria Finally Meets Opec Quota, Lokpobiri Credits Tinubu for Increased Oil Output

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell Plc, recently announced a $5 billion Final Investment Decision (FID) on Bonga North, a deep-water project off ...

OPEC Output Dips in December as UAE Improves Delivery of Cuts

OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at ...

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