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OPEC+ likely to proceed with planned output hike from October, sources say By Reuters
Investing.com· 1 day agoOPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged...
Why Libya could bolster OPEC+ plans for oil production
Morningstar· 13 hours agoDisruptions to production and exports in Libya, a member of the Organization of the Petroleum Exporting Countries, may actually help to make that output decision by OPEC and ...
OPEC Receives Updated Compensation Plans from Iraq, Kazakhstan
Rigzone· 3 days agoA statement posted on OPEC’s website recently revealed that the OPEC Secretariat had received...
Canadian dollar notches biggest monthly advance this year
Reuters via Yahoo Finance· 1 day agoThe Canadian dollar held on to much of its monthly gain against its U.S. counterpart on Friday as...
Oil’s Hot Summer Is Ending, Posing Risks for Majors and OPEC+
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- After a strong start to the summer, the outlook for oil prices is unravelling —...
The Energy Report: Comply and Repent | Investing.com
Investing.com· 1 day agoOil prices have another reason not to break out to the downside of the lower trading range as OPEC scofflaw Iraq has seen the errors of its ways. Iraq is...
Libyan Oil Shutdown Begins as UN Warns Feud Risks Economic Chaos
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- Libyan oil output dropped as authorities in the OPEC member’s east enforced a...
EIA says global refining capacity reached 103.5 million barrels a day in 2023
Offshore Technology via Yahoo Finance· 4 days agoThe report said that refiners are expanding capacity to meet the increasing demand for consumer...
Markets Weekly Outlook – NFP Jobs Data to Rule Out 50 bps Fed Rate Cut?
MarketPulse· 1 day agoUS PCE data keeps Fed rate cut hopes alive as inflation moves towards 2% target. Commodity prices...
The MoneyShow Market Minute for August 30, 2024
MoneyShow via Yahoo Finance· 1 day agoStocks are looking to finish the week on a high note after a mixed day yesterday. Oil, gold, and silver are pulling back modestly, while the dollar is up and Treasuries are flat.
