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"Although yesterday there was talk that Saudi Arabia was pressuring its partners to implement a new cut of 1 million barrels per day in the group's production quotas, the most likely outcome is that ...
Brent and West Texas Intermediate (WTI) crude oil futures saw varied trends early Thursday, initially dropping due to weak Chinese manufacturing data, then edging higher as traders anticipated ...
Both oil benchmarks rose about 2 per cent in the previous session as the market anticipated that OPEC would extend or deepen supply cuts.
Brent oil futures with delivery in January climbed above $83 per barrel at the London-based ICE for the first time since November 15, according to t ...
Brent oil moves higher, supported by the recent WSJ report, which indicated that OPEC+ was talking about new oil production cuts. From the technical point of view, Brent oil managed to climb above the ...