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Exxon Mobil's second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production.
Oil market experts anticipate a sharp rise in global crude prices, with Brent potentially touching $100–$120 per barrel if US ...
OPEC+ is likely to announce an additional increase in oil production during Sunday’s meeting, according to sources familiar ...
The stock market had its worst day since May after the government reported a sharp slowdown in hiring and President Donald ...
Earnings watch - Notable companies due to report include Palantir Technologies ( PLTR ), MercadoLibre ( MELI ), Wayfair ( W ) ...
Oil futures fell for a second straight session as a weak U.S. employment report added economic worries to concerns about U.S. tariffs curbing demand.
Oil prices $2 a barrel on Friday because of jitters about a possible increase in production by OPEC and its allies, while a weaker-than-expected U.S. jobs report fed worries about demand.
OPEC+ is inching toward a pivotal decision this weekend: whether to greenlight another 548,000 bpd in production hikes for ...
ProPetro reported a $7.2M loss as Permian Basin energy markets struggle with falling prices, tariffs, and OPEC+ production.
SUPPLY AND DEMAND: OPEC+ production increases are expected to continue into September, with the full extent of the 2.2 million barrels a day of voluntary production cuts returned to the market.
Stocks are slumping on Wall Street and Treasury yields are falling sharply after the government reported a sharp slowdown in hiring last month ...
Exxon Mobil’s second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ...
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