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OPEC Cuts Reignite Inflation Worries As Energy Prices Rise

The International Energy Agency warns of a deepening oil market deficit in the fourth quarter due to extended Saudi and Russian production cuts. ...
Energy

IEA Claims Global Oil Demand Will Peak Before 2030

The head of the International Energy Agency has said that new projections show demand for coal, natural gas, and oil all peaking in...
Energy

Guyana’s Oil Boom Challenges OPEC+ Dominance

Guyana is expected to pump 1.2 million barrels of crude oil per day by 2027, surpassing many OPEC members, driven by Exxon's development...
Energy

Goldman Claims Oil Prices Could Hit $107 If OPEC+ Extends Cuts Next Year

Goldman Sachs believes oil prices could hit $107 next year if Russia and Saudi Arabia maintain their production cuts. The bank does emphasize...
Energy

Analyst: Oil Is Heading Well Into The $90 Range

McNally: “Oil prices are climbing a wall of doubt and skepticism,”. McNally: The Saudis are unlikely to reverse the cuts at $90 or...
Energy

Oil Prices Jump As Saudi Arabia Extends Oil Production Cut

By Charles Kennedy Oil prices jumped on Thursday after Saudi Arabia said it would extend its unilateral voluntary cut of 1 million barrels per day...
Energy

Oil Prices Tick Higher On Optimistic Economic Forecasts

By Julianne Geiger Oil prices saw another rise on Tuesday morning on optimistic forecasts published by the International Monetary Fund (IMF). On Tuesday, the IMF raised...
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