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Oil producers are unlikely to alter their output strategy as crude prices climbs
Brent crude increased to $89 per barrel on Tuesday from $77 at the end of 2023.
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OPEC
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OPEC+ to back Brent at $80 per barrel; ONGC scored highly on dividend payments
The state-owned Oil India and Oil and Natural Gas Corporation (ONGC) are the most likely Indian oil explorers to see…
Money
Oil prices declines due to vague global demand; risk premium remains high
On Tuesday, oil prices declined due to an unclear outlook for global demand, even with some risk premium from the…
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Oil prices hikes by 1%, weekly increase anticipated as the Middle East conflict intensifies
By 1446 GMT, Brent crude futures had increased by 79 cents, or 0.97%, to $82.42 a barrel, while U.S. West…
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Despite OPEC+ decision, oil companies might witness weekly decline since November
The Organization of Petroleum Exporting Countries and its allies (OPEC+) decided to maintain its production policy on Friday, February 2,…