On Wednesday, 2 October 2024, Saudi Arabia issued a stern warning that global oil prices could plummet to $50 per barrel if OPEC+ member states fail to adhere to agreed …
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OPEC
OPEC+ has decided to extend oil supply cuts in the first half of the year, leading to tension in global markets and potential price hikes. This decision was reached during …
The United States’ oil exports have set five new monthly records since Western countries began imposing sanctions against Russia in 2022, according to Bloomberg reports. The record-breaking oil production in …
