Premiums for prompt benchmark oil prices are falling due to rising output from the Middle East, Latin America, and Europe
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Oil prices fell 1.2% before steadying as traders await a US-Russia meeting that might ease sanctions, possibly boosting supply. OPEC+
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The recent decision by eight OPEC+ countries, including Oman, to cut production by 547,000 bpd in September 2025 is praised
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Brent crude held above $68 after a three-day drop, while WTI edged near $65.25, slipping 0.25%. OPEC+ plans a 547,000
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An OPEC+ panel is unlikely to change plans to raise oil output when it meets Monday, as summer demand helps
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