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Brent crude futures fell 21 cents, or 0.3%, to $64.65 a barrel at 0047 GMT. U.S. West Texas Intermediate crude lost 29 cents, ...
Brent traded below $65 a barrel after losing 1.2% in the previous session, while West Texas Intermediate was under $63.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.00 during the Asian trading hours on Thursday. The WTI price edges lower as Saudi Arabia signals it may push for a ...
OPEC+ launched a major initiative to define maximum sustainable production capacity (MSC) by 2027, an iniative that could ...
Crude oil futures turned lower in a volatile session Wednesday, as a Bloomberg report said Saudi Arabia is open to additional significant OPEC+ production hikes after July in a bid for market share.
Oil edged lower in the early Asian session. There is a report “indicating that Saudi Arabia is exerting considerable pressure for a more aggressive increase in oil supply by OPEC+,” XS.com said.
Giovanni Staunovo, an analyst with UBS, said, "There was a strong increase in refinery demand for crude, resulting in a large crude draw; but post-Memorial Day, the strong supply increase with weaker ...
Wednesday closed down -0.56 (-0.88%), and July RBOB gasoline (RBN25) closed down -0.0448 (-2.16%). Crude oil prices fell from ...
WTI oil prices are set to average $58.30 per barrel this year, amid rising OPEC+ and U.S. production and relatively stable ...
Brent crude futures closed down 77 cents, or 1.2%, at $64.86 a barrel. U.S. West Texas Intermediate crude settled 56 cents, ...
Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...
Saudi Arabia, the world's biggest oil exporter, cut its prices for Asian crude buyers close to the lowest level in four years ...