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Tag: OPEC+

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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OPEC+ Eyes Further Oil Output Increase: What It Means for Investors and Businesses in Oman

Saudi Arabia, Russia, and six other OPEC+ members plan a slight oil production hike in a virtual meeting, continuing their

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23% Surge in Energy Demand by 2030: Key Implications for Investors and Businesses in Oman

OPEC Secretary General Haitham Al Ghais emphasized the need for increased investment in oil and gas, forecasting that oil will

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Oil Market Oversupply in 2026: What This Means for Investors and Businesses in Oman

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 Price Surge Amid Russia Sanctions: Implications for Investors and Entrepreneurs in Oman

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 Decline: Implications for Investors and Businesses Amid Increased Supply and Fed Rate Cuts

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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Rising Oil Prices After Output Hike: What It Means for Investors and Business Owners in Oman

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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OPEC+ Latest Move: Modest Impact but Key Psychological Shift for Global Oil Markets and Investors

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+ Increases Oil Output: Implications for Investors and Business Owners in Oman

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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Tough Negotiations Ahead of OPEC+ Meet: Implications for Oil Prices and Your Business in Oman

Uncertainty loomed over the decision of Saudi Arabia, Russia, and six other OPEC+ members regarding crude output in their upcoming

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