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OPEC’s Surprise Output Hike Offers Biden Break on Gas Prices
Bloomberg via Yahoo News· 4 days ago(Bloomberg) -- US President Joe Biden may have just received a timely election boost from an...
How Joe Biden 'broke OPEC' and rewrote the rules for oil trading
MSNBC via Yahoo News· 1 day agoThe Organization of the Petroleum Exporting Countries, or OPEC, has had massive influence over...
OPEC+ Ministers Reject Bearish Reaction to Output Increase
Bloomberg· 2 days agoOPEC+ ministers rejected oil’s bearish reaction to its decision to gradually boost crude production...
OPEC agrees to keep oil production cut, likely maintaining high prices through November election
FOX Business· 6 days agoThe OPEC+ alliance has agreed to extend output cuts through next year, likely keeping prices high...
OPEC+ Plan Turns Hedge Funds Least Bullish on Crude in a Decade
Bloomberg via Yahoo Finance· 22 hours ago(Bloomberg) -- Hedge funds dumped bullish bets on Brent crude and ramped up shorts against the...
OPEC+ extends deep oil production cuts into 2025
Reuters via Yahoo Finance· 6 days agoLONDON/DUBAI (Reuters) -OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid...
What Does OPEC’s Strategy Shift Mean for the Oil Market?
Oilprice.com via Yahoo Finance· 3 days agoOPEC+ changes course, announcing plans to gradually increase oil production in the coming years,...
OPEC+ Hasn’t Changed Policy to Chase Market Share, Saudis Say
Bloomberg· 2 days agoOPEC+ hasn’t changed its oil policy to pursue a greater share of the global market and still...
OPEC+ could revise oil supply deal if needed, ministers say
Gulf Business· 2 days agoOPEC+, is currently cutting production by about 5.7 per cent of global demand, to bolster the market
Oil Posts Weekly Loss as OPEC+ Plan Propels Algorithmic Selloff
Bloomberg via Yahoo Finance· 21 hours ago(Bloomberg) -- Oil posted a weekly decline as algorithmic traders accelerated selling pressure after...