Finance News – Oil Prices
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Oil prices slump to four-year low amid Opec+ production push
The recent decision by OPEC+ to boost output has contributed to a significant decline in global oil prices, potentially impacting revenues for producers and influencing energy mark...
Read Full Article →Premarket: U.S. stock futures fall after Trump’s new tariffs; Fed meet in focus
U.S. equity indexes are expected to open lower due to increased trade tensions and investors’ cautious outlook ahead of the Federal Reserve’s upcoming policy meeting, while energy...
Read Full Article →Saudi companies retrench after fall in oil prices
Several Saudi firms are reducing operations and exploring alternative income sources as decreased crude values contribute to anticipated economic deceleration and potential adjustm...
Read Full Article →Oil prices sink as OPEC+ hikes output, U.S. stock futures dip ahead of Fed meeting
The increase in oil production by OPEC+ contributed to a decline in energy prices, coinciding with a drop in U.S. stock futures ahead of the Federal Reserve's upcoming policy annou...
Read Full Article →U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June
The increase in oil supply by over 800,000 barrels per day in the upcoming months has contributed to a notable decline in U.S. crude prices, impacting market valuation and investor...
Read Full Article →Exxon Mobil earnings beat as production growth and cost cuts offset the sting of falling oil prices
Exxon Mobil's financial results were positively impacted by increased production in key regions and successful cost reductions, which helped mitigate the adverse effects of declini...
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