Oil prices gain 1% after lower-than-expected Opec+ output hike
Oil prices rose about 1 per cent in early trade on Monday after Opec+ announced a more modest monthly increase in production than…
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Oil prices rose about 1 per cent in early trade on Monday after Opec+ announced a more modest monthly increase in production than…
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The Organisation has been increasing production since April after years of cuts to support the oil market Oil prices rose on Monday (Sep…
While analysts expect the strong streak to continue, downside risks to crude palm oil prices in H2 remain Singapore-listed plantation…
[LONDON/MOSCOW] Opec+ is set to agree to further raise oil output on Sunday (Sep 7) while probably slowing the pace of increases from…
[LONDON/MOSCOW] Opec+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share,…
Oil prices eased about 1 per cent to a two-week low on Thursday on a surprise build in US crude inventories last week and expectations…
Oil prices fell by more than 2 per cent on Wednesday ahead of a weekend meeting of Opec+ producers that is expected to consider another…
Oil prices traded in a tight range on Monday as worries about rising output and the impact of US tariffs on demand offset supply…
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Kobe Steel, Japan’s No 3 steelmaker, on Thursday (Aug 7) reported a 3 per cent fall in quarterly crude steel output due to lower prices…
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Oil prices fell to their lowest levels in a week on Monday after Opec+ agreed to another large output increase in September, adding to…
China’s copper smelters could be at a turning point, as a persistent shortage of ore forces them to trim production from record levels,…
+ agreed in principle to boost oil output by 548,000 barrels per day (bpd) in September, two Opec+ sources said on Sunday (Aug 3), as the…
Opec+ agreed on Sunday (Aug 3) to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated…
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Oil prices edged up to a two-week high on Tuesday on forecasts for less US oil production, renewed Houthi attacks on shipping in the Red…
Oil prices rose nearly 2 per cent on Monday as signs of strong demand more than offset the impact of a higher-than-expected Opec+ output…
Nissan Motor is in discussions with Taiwan’s Foxconn over electric vehicle (EV) collaboration that could save its Oppama plant in Japan…
Oil prices slipped 1 per cent at the start of trading on Monday after Opec+ accelerated output hikes and raised concerns about oversupply.…