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Oil Prices Reverse Course After Saudi Arabia Denies Output Hike Rumors

Reports have emerged that Saudi Arabian officials are now denying news originating from the Wall Street Journal that OPEC is considering a 500,000 barrel-per-day oil production increase.

Saudi arabiaSaudi arabianCharles kennedySaudi energyEnergy intel amena bakrBiden administrationWall street journalEnergy intelAmena bakrSaudi energy minister prince abdulazizSaudi energy ministerPresident bidenOil exportsUtput cuts

What Does OPEC s 2 Million b/d Cut Really Mean: Goldman Crunches The Numbers

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Saudi arabiaGoldman damien courvalinJulian leeAmena bakrEnergy intel amena bakrDamien courvalin

Possible OPEC+ cuts of 1 5 million (or more) may be considered

So far talks among OPEC+ delegates indicate that a cut of 1.5 million or more might be considered. Unclear if this will be in phases

Energy intel amena bakrEnergy intelAmena bakr

Mixed trade overall with participants looking to events ahead - Newsquawk Euro Market Open

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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OPEC+ Agrees To Boost Oil Output In July As Demand Rises

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Saudi arabiaAlexander novakMohammad barkindoFatih birolSaudi energyInternational energy agencyEnergy intel amena bakrEnergy intelAmena bakrEnergy minister princeசவுதி அரேபியாஅலெக்சாண்டர் நோவாக்பாடிஹ பைரோல்சவுதி ஆற்றல்ஆற்றல் இன்டெல் அமீனா பக்ர்ஆற்றல் இன்டெல்

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