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The Indonesian government stated that the IMF intervention during the 1998 monetary crisis triggered the decline in the ...
Oil steadied after a two-day gain as rains slowed the growth of some blazes which had disrupted Canadian crude production.
Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...
Poland remains the leading buyer, both in April and year-to-date. In April, the National Bank of Poland added another 12 ...
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
Brent traded above $65 a barrel after closing at a three-week high, while West Texas Intermediate was near $63.
New oil industry data shows Powder River Basin wells breaking even at $60 per barrel as global market forces create ...
Near-term progress in a renewed nuclear agreement between the United States and Iran could add further downward pressure to a ...
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NDTV Profit on MSNOil Holds Gains As Canada Wildfires Offset OPEC+ Output HikeGeopolitics has returned into focus over recent days as traders also weigh the repercussions of Ukraine’s brazen drone attack ...
Russia, Oman, and Algeria all expressed reservations ahead of the OPEC+ meeting but ultimately aligned with the consensus to ...
I wrote an article entitled, “Drill, Baby Drill. Not so Fast.” It made the case that oil companies would only increase ...
Saudi Arabia's past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.
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