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The reduction comes despite OPEC+, which comprises OPEC and its allies including Russia, beginning in April to unwind its ...
Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...
Q1 2025 Management View Executive Chairman Matt Wilks reported a 32% increase in revenue to $600 million and an 83% rise in ...
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
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