The escalating conflict between Israel and Iran has significantly heightened concerns about a potential global oil crisis. As of October 2024, the situation has already…
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Published October 3, 2024
Tag: Oil Prices
Published September 5, 2024
OPEC+ Postpones Oil Production Increase Amid Market Concerns
OPEC+ has announced a significant delay in its planned increase in oil production, shifting the start date from October to December 2024. This strategic decision…
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Published September 3, 2024
Saudi Arabia to Reduce Oil Prices for Asia in October
In a strategic move, Saudi Arabia is set to lower its crude oil prices for Asian markets in October. This decision comes amid weakening refining…
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Published August 30, 2024
Oil Market Forecast for September 2024
Experts predict a notable shift in oil prices for September 2024. Current trends indicate that Brent crude oil, which recently hovered below $80 per barrel,…
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Published August 27, 2024
Oil Prices Dip Amid Libyan Production Halt
Global oil prices experienced a slight decline following a significant surge the previous day. This fluctuation comes in the wake of Libya’s eastern government announcing…
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Published August 12, 2024
Oil Prices Stabilize Amid Global Uncertainty
Oil prices stabilized on Monday during Asian trading, holding onto gains from the previous week. This comes as reports indicate a potential Iranian strike on…
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Published August 10, 2024
Bloomberg Predicts Recession’s Impact on Dollar and Oil Prices
As the global economy faces the threat of a recession, Bloomberg analysts have provided insights into how this downturn could affect the U.S. dollar and…
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Published August 8, 2024
U.S. Inventory Drop Drives Oil Price Increase
In Thursday’s Asian trading, oil prices saw an increase due to a prolonged reduction in U.S. oil inventories, which has sparked optimism regarding sustained demand…
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