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Oil prices rose on Wednesday morning, amid investor optimism around trade talks between the US and China, which are due to begin this week. Brent crude futures (BZ=F) were up 1.5%, to trade at $63.07 ...
By Nerijus Adomaitis OSLO (Reuters) -Aker BP, Norway's second-largest listed oil company, will raise its dividend by 5% annually if the price of North Sea oil stays above $40 per barrel, it said on ...
"In addition, the supply side looks increasingly more comfortable due to the aggressive supply hikes from OPEC+. This is particularly so toward the latter part of the year, when the oil surplus is ...
Hopes of trade talks between the US and China boost crude prices as attention also turns to India-Pakistan conflict ...
Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated production hikes, signaling a strategic shift by Saudi Arabia.