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Recent shifts in the global oil landscape have prompted the OPEC+ alliance to explore potential new members, with Namibia emerging…
Efforts led by OPEC and its allies within the OPEC+ coalition to curb global oil supplies in a bid to…
Kazakhstan surpassed its allocated oil production quota by 131,000 barrels per day (bpd) in March, citing weather conditions and heating…
As the world’s leading oil producer and consumer groups release their latest market forecasts, a stark contrast emerges, underscoring the…
Oil prices are witnessing a decline following the release of the monthly OPEC report, signaling the group’s vigilance in monitoring…
Industry executives and hedge fund managers assert that the OPEC+ coalition has reestablished its dominance over the oil market, wielding…
In a move anticipated by market watchers, OPEC+ has once again prolonged its oil production cuts this month. The decision,…
The roles of the US Federal Reserve and OPEC share parallels in navigating economic terrain akin to maneuvering a vehicle…
Oil prices soared to their highest levels in five months on Thursday, fueled by mounting concerns over escalating geopolitical tensions…
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, held a top-level meeting of ministers on…
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