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OPEC+ Plan Turns Hedge Funds Least Bullish on Crude in a Decade
Bloomberg via Yahoo Finance· 48 minutes ago(Bloomberg) -- Hedge funds dumped bullish bets on Brent crude and ramped up shorts against the...
How Joe Biden 'broke OPEC' and rewrote the rules for oil trading
MSNBC via Yahoo News· 4 hours agoThe Organization of the Petroleum Exporting Countries, or OPEC, has had massive influence over...
OPEC’s Surprise Output Hike Offers Biden Break on Gas Prices
Bloomberg via Yahoo News· 3 days ago(Bloomberg) -- US President Joe Biden may have just received a timely election boost from an...
Oil dips on deflated US interest rate cut expectations, OPEC+ decision
StreetInsider· 19 minutes agoNEW YORK (Reuters) -Oil prices edged down on Friday and posted a third straight weekly loss as investors weighed OPEC+ reassurances against the latest U.S. jobs data that ...
Oil Posts Weekly Loss as OPEC+ Plan Propels Algorithmic Selloff
Bloomberg via Yahoo Finance· 26 minutes ago(Bloomberg) -- Oil posted a weekly decline as algorithmic traders accelerated selling pressure after...
OPEC+ extends deep oil production cuts into 2025
Gulf Business· 5 days agoOPEC prolongs some cuts by one year
Oil ticks up ahead of U.S. jobs report, still set for third weekly loss
MSN News· 9 hours agoBy Alex Lawler LONDON (Reuters) -Oil ticked higher on Friday, finding support from OPEC+ members...
Analysts Warn Against Rationalizing Reaction to OPEC+ Meeting
Rigzone· 1 day agoIt is perhaps unwise to attempt to rationalize the market reaction to the various June 2 OPEC+...
What Does OPEC’s Strategy Shift Mean for the Oil Market?
Oilprice.com via Yahoo Finance· 2 days agoOPEC+ changes course, announcing plans to gradually increase oil production in the coming years,...
OPEC agrees to keep oil production cut, likely maintaining high prices through November election
FOX Business· 5 days agoThe OPEC+ alliance has agreed to extend output cuts through next year, likely keeping prices high...