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Crude oil futures posted their second straight weekly gain, boosted by bullish geopolitical developments, including U.S. strikes on Houthi rebel targets and Israeli strikes on Gaza, while the U.S ...
Oil prices were also supported by the new OPEC+ plan for seven members to cut output further to compensate for producing more than agreed levels. The plan would represent monthly cuts of between ...
Exxon Mobil, Occidental Petroleum OXY0.43%increase; green up pointing triangle and other oil giants are expected to receive billions of dollars of incentives to collect and bury carbon emissions ...
An agreement by OPEC oil producers to raise crude output will "rein in prices", Algerian Prime Minister Ahmed Ouyahia said on Saturday on television.
Oil prices have risen and are set for their second consecutive weekly gains following new U.S. sanctions on Iran and an OPEC+ plan to cut output. Brent crude and WTI prices have both increased ...
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