Crude oil futures posted their second straight weekly gain, boosted by bullish geopolitical developments, while OPEC+ sent ...
Oil prices were steady on Friday and headed for a second consecutive weekly gain as fresh U.S. sanctions on Iran and the ...
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Offshore Technology on MSNOPEC+ unveils new plan for oil output cuts to address overproductionThis move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.
Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...
Oil prices were mixed but largely holding their ground, supported by geopolitical risks and supply concerns.
Crude oil prices are set for another weekly gain, driven by new U.S. sanctions on Iran's energy industry and OPEC+ efforts to ...
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