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China Accelerates Crude Oil Stockpiling Amid Sanction Fears
10 May 2025 17:55 GMT
… prolong this pattern.
Significant crude oil buildup
China experienced a … Saudi Arabia’s recent OPEC+ decision to boost June … encouraged to buy mainstream crude oil, according to Li.
… .
Consequently, Russian Arctic crude oil imports into China reached …
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Nigeria’s crude oil output falls by 4.37% in March, below OPEC’s quota – Report
09 May 2025 10:44 GMT
… of Petroleum Exporting Countries (OPEC) has reported a decline in … (MOMR), the country’s crude oil output dropped by 4.37% … in oil prices caused by OPEC+ boosting supply and slowing … that Nigeria’s daily average crude oil production in February fell by …
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Iran Keeps Crude Oil Exports Flowing Amid Ongoing Sanctions - Minister
08 May 2025 11:41 GMT
… that the country's crude oil exports remain
strong despite increasing … of its
efforts to expand crude oil production and exports.
The … boosting
Iran's crude oil exports will arise through investments … to the latest data from OPEC. This
marks a slight …
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OPEC+ Tests the Shale Sector
09 May 2025 17:43 GMT
… opened this week. Brent crude oil prices fell on May … – the main U.S. crude oil benchmark – declined to $57… of overproduction. Periodically, when OPEC countries focus more on … macroeconomic conditions and expectations that OPEC+ will ramp up supply …
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Crude oil prices are warning for global economy
08 May 2025 03:08 GMT
… the global economy.
Nearby crude oil futures are trading below … day. This increase in crude oil output is causing significant … in crude oil futures.
The reasons for this move by OPEC+ seem … lower crude oil prices.
The net benefit of lower crude oil prices …
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Crude Oil Prices Plunge Below $60: What’s Next for Nigeria’s Economy and the Naira?
07 May 2025 17:16 GMT
Recently, we saw crude oil prices dip below $60 per … slowed demand for oil. Additionally, OPEC+ countries have ramped up production …
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Crude Oil Prices Rise as US-China Trade Talks Signal De-Escalation Hopes
07 May 2025 10:01 GMT
Commodity markets are trading firmer amid news that US-China trade talks will kick off later this week.
Energy: US-China Trade Talk Hopes Push Oil Higher
News that the US and China will start trade talks this weekend has Brent crude trading higher, …
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Crude oil futures gain as US and China prepare for talks
07 May 2025 05:58 GMT
… China are major consumers of crude oil in the global market, … . Our oil balance assumes OPEC+ continues with aggressive supply … showed a decline in crude oil inventory levels in the … American Petroleum Institute (API), crude oil inventories in the US declined …
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Relief felt by Australians as cost of crude oil drops to four year low
07 May 2025 04:30 GMT
… and possibly on shop shelves.
Crude oil, the fossil fuel pumped from … litres of diesel.
"If crude oil keeps dropping and our fuel … of the powerful oil cartel OPEC+ decided to pump out 411 … that the falling price of crude oil will translate to some cost …
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Texas oil drilling applications at 4-year low as producers consider OPEC+ increase, trade war
08 May 2025 22:46 GMT
… due to concerns about rising OPEC+ supply and a trade … in demand for oil.
OPEC+, the Organization of Petroleum … Energy Information Administration, Permian crude oil production accounted for approximately half … of all U.S. crude oil production in April. This …