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Israel-Iran war highlights Mideast's declining influence on oil prices: Bousso
LONDON, - The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and fundamental changes to global crude supply, suggesting that Middle East politics will no longer be the dominant force in oil markets they once were.
Despite fears about how oil shipments could be affected if Iran targets tanker traffic moving through the Strait of Hormuz, ...
Brent crude rose about 1 per cent to near US$68 a barrel, after slumping 13 per cent over the past two days, while West Texas Intermediate was above US$65.
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OPEC’s Oil Output In May Was Lower Than Planned: Here’s WhyThe Organization of the Petroleum Exporting Countries (OPEC) produced less crude oil in May than its laid out plans.
Iran is ranked third, possessing 208,600 million barrels, or 208 billion barrels. Iraq takes fourth place with 145,019 ...
President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices ...
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A successful Iran-Israel ceasefire would abate concerns over Tehran’s crude supplies and the stability of oil transport ...
OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor ...
The rise in prices came after President Trump said he had "obliterated" Iran's main nuclear sites in strikes over the weekend ...
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