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Kazakhstan's oil production has risen by 2% in May, an industry source said on Tuesday, an increase that defies pressure from ...
Oil prices edged up on Tuesday on a potential breakdown in talks between the U.S. and Iran over Tehran's nuclear program and ...
Oil prices eased on Wednesday after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting ...
U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to ...
Saudi Arabia’s direct crude burn for power generation is expected to increase this summer, potentially helping to offset concerns over a growing global oil glut.
Oil rose after Iran’s foreign minister downplayed prospects for a breakthrough in nuclear talks with the US, saying no formal proposal had been received. Brent advanced more than 1% to settle ...
LONDON (Reuters) -World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA ...
Oil prices rebounded over 1% on Tuesday with technical rebound and dip buying after a drop in prior session by OPEC+ decision to accelerate increases in output, although concerns about the market ...
(Bloomberg) -- Oil rose as algorithmic traders fled short positions amid renewed optimism about trade talks between the US and China this weekend. West Texas Intermediate climbed 1.9% to settle ...
0012 GMT — Oil rises in the morning Asian session after the U.S. reached a truce with the Houthis in Yemen and said it would suspend its airstrikes there. This news has bolstered sentiment ...
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