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Oil surged above $71 a barrel in Asian trading after Saudi Arabia said the world's largest crude terminal was attacked, although output appeared to be... [Read More]
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Brent crude now trades above fiscal breakeven prices for the four biggest oil producers in the Middle East after Saudi Arabia convinced fellow OPEC+ members... [Read More]
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An increase of 500,000 barrels a day was widely expected, however, Saudi Arabia agreed to maintain a voluntary 1 million barrels per day cut despite... [Read More]
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OPEC and its allies agreed to extend most oil output cuts into April, offering small exemptions to Russia and Kazakhstan, after deciding that the demand... [Read More]
OPEC and its allies kept oil-watchers guessing about their next move, after a day of preliminary talks offered few clues as to whether the market... [Read More]
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Oil traded above $61 a barrel as investors waited for the result of a critical OPEC+ policy meeting later Thursday with no clear steer on... [Read More]
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OPEC+ is poised to agree a production increase this week as it seeks to cool a rapid rally in crude prices.There's a widespread view within... [Read More]
U.S. intelligence found that Saudi Arabia's crown prince approved the operation, but he received no direct punishment. [Read More]
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