opec supply
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Commodities
Oil prices report second straight weekly gain, hit 6-month high on Middle-East crisis; Brent at $91/bbl
Global crude oil prices reported a second straight weekly gain and hit six-month high levels as markets watched for signs…
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Commodities
Oil market oversupplied with record-high US output, Brent seen at $87-$92 for 2024: ShareKhan’s Mohammed Imran
International crude oil prices have largely softened since the Israel-Hamas price shock phased off in late 2023 and the volatility…
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Commodities
Oil prices hit 5-month high after IEA revises demand projection over tighter market; Brent at $85/bbl
Oil prices climbed to a five-month high mark on Thursday, March 14 as the International Energy Agency (IEA) raised its…
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Commodities
OPEC retains demand forecast for 2024, raises economic growth projections; Brent stuck at $82/bbl
The Organization of the Petroleum Exporting Countries (OPEC) bloc, led by Saudi Arabia has retained its forecast for demand growth…
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Commodities
Oil sheds 1%, posts weekly loss on soft China demand even as OPEC extends supply cuts; Brent back to $82/bbl
Oil prices declined by one per cent in the previous session and reported a weekly loss as markets remained wary…
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Commodities
Oil prices rise 2% on smaller build in US crude stocks as Fed signals rate cuts in 2024; Brent nears $84/bbl
Oil prices climbed about two per cent on Wednesday, March 6, on a smaller-than-expected build in US crude inventories, a…
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Commodities
Oil reports weekly gain as traders await OPEC+ quarterly supply decision; Brent settles 2% higher at $83/bbl
Oil prices rose two per cent in the previous session and posted weekly gains as traders awaited the supply agreements…
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