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LONDON -Oil prices rose over 1% on Thursday, buoyed by hopes of a breakthrough in looming trade talks between the United States and China, the world's two largest oil consumers. Brent crude futures ...
The US EIA's May STEO projects global liquid fuels production to rise by 1.3-1.4 million b/d in both 2025 and 2026, led by robust growth from non-OPEC+ countries like the US, ...
Another large supply hike from OPEC+ confirms the group's policy change. However, the issue is that this policy shift is occurring at a time when there is already plenty of demand uncertainty.
Turbulence has returned to the oil market this year. Oil prices have tumbled more than 15%, weighed down by the uncertain ...