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Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea, worries about U.S. tariffs on copper and technical short ...
Oil markets have largely ignored the overtly aggressive production policy of OPEC+, with geopolitical fears keeping Brent ...
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Stocktwits on MSNCrude Oil Prices Ease As Traders Digest Trump Tariff Impact, OPEC+ BoostCrude oil prices declined by nearly 1% on Tuesday after President Donald Trump reignited trade tensions by slapping tariffs on 14 countries, including close allies like Japan and South Korea. At the ...
The agency cut its 2026 Brent price estimate to $58 a barrel from $59 previously. The EIA sees West Texas Intermediate crude, the U.S. benchmark, averaging $65 a barrel this year and $55 in 2026, ...
Saudi Arabia’s crude exports and production rose sharply in April as OPEC+ accelerated plans to unwind its oil output cuts, ...
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open the floodgates of global crude supply.
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