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OPEC+ to boost crude oil production in August
05 Jul 2025 17:46 GMT
… Eight OPEC+ nations on Saturday agreed to increase their crude oil production … nations in boosting production.
OPEC nations not voting to … OPEC, produced an average of 13.4 million barrels of crude oil … the world.
The eight OPEC+ countries will next meet …
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OPEC+ to expand oil output in August
05 Jul 2025 19:40 GMT
… group OPEC Plus says it will further increase crude oil … production in August.
Eight OPEC Plus members, … have been gradually expanding crude oil production.
The further increase … barrels per day that OPEC Plus had approved for …
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Crude Oil Prices May Rebound As Supply Stabilises, Geopolitical Tensions Ease
05 Jul 2025 08:45 GMT
… ) New Delhi, July 5 (IANS) Crude oil prices may see a recovery … Angel One Ltd, said the crude oil outlook remains mixed, but there … China and the Eurozone -- OPEC+ production cuts are still keeping … focused on the July 5 OPEC+ meeting, where a third …
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WTI Crude Oil Consolidates Near Key Support, OPEC+ Decision Looms
04 Jul 2025 19:18 GMT
… Texas Intermediate (WTI) Crude Oil prices remain subdued on … risk events, the Organization of the Petroleum Exporting Countries (OPEC+) meeting on July … closely watching the upcoming OPEC+ decision, with the … technical perspective, WTI Crude Oil is trading in a …
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OPEC+ Will Significantly Increase Oil Production
05 Jul 2025 08:10 GMT
… .
According to Bloomberg.
The OPEC+ member countries are considering further … regain market share from non-OPEC+ competitors and is being … .
Since April this year, OPEC and its partners have abandoned … potentially prorate the price of crude oil from the U.S. to …
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Crude oil falls as markets await OPEC+ production decision next week
04 Jul 2025 09:58 GMT
… increase in production output by OPEC+ (Organisation of the … per cent, and August crude oil futures on WTI (West … production output would ease crude oil supply concerns.
The recent … provided some support to the crude oil prices. However, uncertainty continued …
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Crude Oil Prices Supported by Middle East Tensions
03 Jul 2025 23:06 GMT
… via Shutterstock August WTI crude oil (CLQ25) today is up … weekly EIA crude inventories. Crude oil prices are supported after … restored until September 2026. OPEC June crude production rose + … Vortexa reported Monday that crude oil stored on tankers that have …
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Brent crude oil may slip below $60/bbl by December 2025 as supply outstrips demand
03 Jul 2025 22:11 GMT
… period, US EIA pointed out.
Crude oil prices may slip below the … assumes a full unwinding of OPEC+ cuts made in 2023. Dated … global oil inventories will drive crude oil prices lower over the forecast …
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OPEC: Global Crude Oil Production Declined in 2024 for the First Time Since 2020
03 Jul 2025 13:11 GMT
… flagship publications of the Organization of the Petroleum Exporting Countries (OPEC), global crude oil production declined in … , the majority of crude oil exported by OPEC countries—13.67 mb … Reserves Increase
Proven global crude oil reserves stood at 1,567 …
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Higher crude oil offset rand gains, lifting fuel prices for July
03 Jul 2025 06:36 GMT
… driven spike in international Brent crude oil prices, which more than offsets … gains made by the rand. Crude oil prices rose by 8.5% … $—and a decline in Brent crude oil prices to below the June … per barrel. This comes as OPEC+ increases output and US crude …