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Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
Oil futures rebounded, and Capital Economics cut its year-end price forecast for Brent to $60 a barrel from $70, and for the end of 2026 to $50 from $60.
Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
The outlook from Diamondback, one of the industry’s most prominent producers, marks a key shift for expectations within the ...
Axios on MSN1d
What OPEC's big weekend says about TrumpSaudi Arabia and some other members see President Trump — for now — as more invested in lower prices than in what's ...
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