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For years, OPEC+—a 22-nation group—held back millions of barrels to maintain market stability. But analysts say the cartel is ...
Dubai: Oil prices may continue to face downward pressure in the near term after OPEC+ confirmed another production increase for June. The decision, announced over the weekend, will see the group raise ...
Oil prices fell over 1% lower on Friday and recorded for their biggest weekly losses since the end of March, as traders turned cautious ...