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Brent Oil - Crude Oil Holds Range as Weak Demand and Fed Uncertainty Weigh on Outlook
Crude oil prices remain stable as markets balance OPEC+ supply adjustments, weak global demand, and heightened geopolitical risks, while technical indicators suggest continued uncertainty in the ...
BP reports better than expected profits as it refocuses on oil and gas
BP reported better than expected quarterly profits on Tuesday, as chief executive Murray Auchincloss presses ahead with a plan to refocus the company on its core oil and gas businesses.
Oil Dips as Market Weighs OPEC+ Pause and Oversupply Concerns
Brent for January delivery traded near $65 a barrel, while West Texas Intermediate was just below $61. The Organization of the Petroleum Exporting Countries and its allies said at the weekend they ...
Soft crude oil price outlook forecasted
Downside risks to global oil prices remain despite oil producing countries under the Organisation of the Petroleum Exporting Countries together with non-members commonly known as Opec+ deciding to ...
Oil prices steady despite OPEC+ plans to pause output increases
Oil prices climbed in early Asian trade on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, easing rising fears of a supply glut.