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OPEC+ cartel s grip on oil market loosening: IEA

PARIS: Slowing demand growth and rising US crude production will make it more difficult for OPEC+ to continue to .

France generalSaudi arabiaInternational energy agencyUs crude

Oil prices: Brent down 1pc, WTI decline 2pc to close the week

OPEC+ has moved closer to a compromise with African oil producers on 2024 output levels

New yorkUnited statesIsrael generalCraig erlamJohn kilduffTina tengOrganization of the petroleum exporting countriesTexas intermediateAgain capitalPetroleum exporting countriesRecent chineseOil pricesWest texas intermediateUs crudeOn opec production

industry: Oil prices dive on US crude build and China concerns

Brent futures were down 70 cents at $80.48 a barrel by 1250 GMT. U.S. West Texas Intermediate crude (WTI) shed 65 cents to $76.01. Both benchmarks fell more than 1.5% in the previous session.

United statesIsrael generalUnited kingdomTamas vargaUs energy information administrationInternational energy agencyTexas intermediateInformation administrationMiddle eastUs crudeChina demandEnergy demandOil prices

Oil prices soar 1 5% as Saudi Arabia and Russia stick to supply cuts

Brent crude futures up $1.25, or 1.47%, to $86.14 a barrel by 1145 GMT. US West Texas Intermediate crude up $1.29, or 1.6%, at $81.80

Saudi arabiaUnited statesTexas intermediateCrude oilBrent crudeUs crude

Asian stocks slump to 11-month lows as higher-for-longer rate fears persist - Markets

HONG KONG: Asian stocks slid to 11-month lows on Wednesday, US futures dropped and the dollar surged as Treasury.

New zealandSouth koreaHong kongBen lukSenior multi asset strategistState street globalWall streetHang sengMiddle eastUs crudeAustralian and new zealand dollarsAsian stocks

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