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Iraq to curb oil exports to compensate for exceeding OPEC+ quota
19 Mar 2024 05:11 GMT
… several members of the Organization of the Petroleum Exporting Countries and allies (OPEC+), including Iraq, agreed … prices have rallied this year. Brent crude on Monday traded above $86 …
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Oil Holds Gain With Russian Refining and OPEC+ Curbs in Focus
19 Mar 2024 05:15 GMT
… Russian refineries and OPEC+ supply cuts in focus.
Brent crude steadied near $87 … for much of the year. OPEC+ supply curbs have helped to …
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Oil prices rise amid attacks on Russian energy facilities, brent crude at $86/bbl
18 Mar 2024 20:45 GMT
… infrastructure drove this volatility.
Brent crude oil futures for May … a positive trend with Brent crude holding firm above $85 … cuts established with the OPEC+ coalition of oil-exporting … Russian outages and prolonged OPEC+ output cuts prompted Morgan …
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Oil holds gain with Russian refining and OPEC+ curbs to the fore
19 Mar 2024 01:41 GMT
… Russian refineries and OPEC+ supply cuts in focus.
Brent crude traded near $87 … for much of the year. OPEC+ supply curbs have helped to …
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Oil prices in for a surge?
19 Mar 2024 04:32 GMT
… because of excess capacity that OPEC+ owns as well as no … push for oil prices. The Brent crude oil benchmark is set to … has lifted its outlook for Brent crude oil prices for this year … the expected extension of the OPEC+ production cuts.
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IEA raises oil demand outlook again but still lags OPEC
14 Mar 2024 20:13 GMT
… bullish than producer group OPEC.
The Organization of the Petroleum-Exporting Countries (OPEC) and the IEA, which … year after OPEC+ members extended cuts, from a surplus previously.
Brent crude oil … rebound," the IEA said.
OPEC on Tuesday kept its demand …
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IEA again raises oil demand outlook but still lags OPEC
14 Mar 2024 13:37 GMT
… below that of producer group OPEC.
The IEA, which represents … released at 0900 GMT. Brent crude oilLCOc1 rose as much as … .
Should the producer bloc OPEC+ maintain voluntary cuts through … Oil supply growth from non-OPEC+ countries will continue to …
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Indian stock market: 7 key things that changed for market overnight - Gift Nifty, US tech stocks rally to oil prices
19 Mar 2024 01:38 GMT
… on Russian refineries and OPEC supply cuts. Brent crude, the global benchmark, was …
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Aramco Boosts Dividends, But it Can Ill-Afford to Do So
19 Mar 2024 01:33 GMT
… price per barrel of the Brent crude oil benchmark dropped just over … the broader iteration of OPEC that became ‘OPEC+’, as the Kingdom’s … the commitment of Russia to OPEC’s future oil production … a notable decline in their OPEC+ dependency.
By Simon Watkins …
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Upbeat outlook for
sector on robust activity
19 Mar 2024 00:24 GMT
… RHB Research projected that Brent crude oil prices would average … of a stable average Brent crude oil price expectation of … Bank Research maintained its Brent crude oil forecast to at … continued production cuts from Opec+ and heightened geopolitical tensions …