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Local production could help stabilise global oil prices
24 Apr 2024 10:53 GMT
… of global oil prices.
Despite decreasing production in Organization of the Petroleum Exporting Countries (OPEC) countries, oil prices are predicted … , will likely keep oil prices stable despite lower production in OPEC countries.”
Earlier …
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Oil prices climb amid US stocks decline, Middle East conflict
24 Apr 2024 08:05 GMT
Oil prices extended gains on Wednesday after … limited for now.
“Overall, crude oil prices are well supported around current … topside, risk of possible renewed OPEC production increase from Jun will …
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Oil prices Rise after Unexpected Drop in US Inventories
24 Apr 2024 06:38 GMT
… Apr 2024 | 06:27 AM
Oil prices rose in early trading on … $83.45 per barrel.
Latest Oil Prices
WTI CRUDE $83.45 +0 … LIGHT $88.87 +0.76%
OPEC BASKET $86.51 -1.15% …
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Oil prices gain as dollar slips, focus shifts to economic data
23 Apr 2024 23:45 GMT
NEW YORK: Oil prices rose a dollar a barrel … is an overriding sentiment that OPEC will hold firm on its …
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Oil prices drift lower for second day
23 Apr 2024 22:37 GMT
Crude oil price fell for the second straight … other hand, the price for Opec Basket increased by $0.17 … policy.
Whereas the short-term oil price outlook appears murky, leading oil … mb/d while the OPEC Secretariat has predicted a 1 …
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Oil price news: Oil steadies with bullish spreads countering easing tensions
23 Apr 2024 14:59 GMT
Oil steadied as positive sentiment across markets and signs of nearby strength countered indications of easing hostilities in the Middle East.
Brent traded above US$87 a barrel after slipping 0.3 per cent on Monday, and West Texas Intermediate hovered …
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Crude Oil Prices Falls Over Weak Demand Expectations
23 Apr 2024 12:28 GMT
… the prospects for demand, crude oil prices trended lower on the global … supply concerns. The OPEC+ group could influence oil prices by returning some of … the geopolitical risk premium in oil prices so far this month. Analysts …
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Oil prices slide on weak demand
23 Apr 2024 08:28 GMT
… the global commodity market, crude oil prices trended on bearish note amidst … supply concerns. The OPEC+ group could influence oil prices by returning some of … the geopolitical risk premium in oil prices so far this month. Analysts …
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How US shale keeps sheltering America from the next oil price surge
23 Apr 2024 06:45 GMT
… or the UAE, three of Opec’s powerhouses.
The strategic advantages … without fear of driving up oil prices.
“It is a huge … four years ago that crashing oil prices during the Covid-19 pandemic … invasion of Ukraine triggered an oil price increase in 2022, it was …
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Mixed adjustments in oil prices today
22 Apr 2024 17:47 GMT
… oil supply, resulting in global oil prices declining by $4 to $5 … oil prices this year is primarily caused by production cuts made by OPEC …