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The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of difficulties affecting others.
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
Investing.com--U.S. stocks fell Monday amid growing uncertainty over President Donald Trump’s plans for trade tariffs, after hitting record highs last week. The main averages were closed on Friday ...
Eight members of the OPEC+ alliance of oil-exporting countries say they will boost production by 548,000 barrels per day in ...
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