Finance News – Barrels
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When Trump tariffs hit French barrels and corks, California’s winemakers feel the squeeze
Tariffs imposed on European imports have increased expenses for California winemakers, particularly impacting small producers through higher costs for essential materials like barr...
Read Full Article →OPEC+ agrees to boost oil production by 547,000 barrels per day from September
The planned increase in daily oil output by several OPEC+ members is expected to influence global supply levels and may impact energy market prices in the upcoming months.
Read Full Article →Chevron closes $55bn Hess takeover after winning Exxon legal battle
Chevron’s $55 billion purchase of Hess represents a major investment aimed at boosting its oil reserves and production capabilities, significantly impacting the company’s growth pr...
Read Full Article →OPEC+ members agree to larger-than-expected oil production hike in August
The unexpected increase in crude output by several OPEC+ members could influence global oil prices and impact energy markets, affecting revenue streams for both producers and consu...
Read Full Article →Global oil supplies forecast to outstrip demand this year despite Middle East war
The International Energy Agency projects an increase in oil production next year that could exceed consumption, potentially influencing market prices and economic stability worldwi...
Read Full Article →Saudi-led Opec+ expands production despite falling oil prices
Opec+ has decided to increase oil production by 411,000 barrels per day for the second month in a row, amidst a backdrop of declining oil prices in the market.
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