Oil Prices Rise as Glut Concerns Dwindle: Implications for Investors and Businesses in Oman
Oil prices rose on Thursday, easing oversupply concerns after hitting two-week lows. Brent crude futures increased by 24 cents to
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Oil prices rose on Thursday, easing oversupply concerns after hitting two-week lows. Brent crude futures increased by 24 cents to
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Saudi Arabia, Russia, and six other OPEC+ members plan a slight oil production hike in a virtual meeting, continuing their
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OPEC Secretary General Haitham Al Ghais emphasized the need for increased investment in oil and gas, forecasting that oil will
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The International Energy Agency warns of a 2026 oil surplus of up to 4 million bpd, as Opec+ ramps up
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Oil prices rose on Thursday after three days of losses, supported by potential tighter sanctions on Russian crude. Brent crude
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Oil prices fell on Friday due to abundant supplies and weakening demand, overshadowing the US Federal Reserve's first interest rate
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Oil prices rose Monday despite eight oil-producing countries, led by Saudi Arabia, announcing a 137,000 barrels/day supply increase from October.
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Sunday’s decision by OPEC+ members, including Oman, to increase oil output by 137,000 barrels per day starting October underscores a
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OPEC+ is poised to raise oil output, slowing increases due to dwindling global demand. They’ve reversed output cuts, adding 2.5
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Uncertainty loomed over the decision of Saudi Arabia, Russia, and six other OPEC+ members regarding crude output in their upcoming
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