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" oil prices"

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Business - Economy
10/7/2022 4:59:58 PM
Major oil-producing countries led by Saudi Arabia and Russia have decided to slash the amount of oil they deliver to the global economy.

Business - Economy
10/6/2022 10:48:14 AM
Benchmark US crude oil for November delivery rose $1.24 to $87.76 a barrel Wednesday. Brent crude for December delivery rose $1.57 to $93.37 a barrel.

Business - Energy
10/5/2022 5:21:38 PM
The OPEC+ alliance of oil-exporting countries on Wednesday decided to sharply cut production to support sagging oil prices, a move that could deal the struggling global economy another blow and raise politically sensitive pump prices for U.S. drivers just ahead of key national elections.

World - Region
10/3/2022 3:48:23 PM
Major oil-producing nations led by Saudi Arabia and Russia are expected to make this week their biggest output cut since the start of the Covid pandemic in efforts to buttress prices.

Business - Economy
9/19/2022 9:33:56 PM
Benchmark US crude oil for October delivery rose 62 cents to $85.73 a barrel Monday. Brent crude for November delivery rose 65 cents to $92 a barrel.

Business - Energy
9/5/2022 3:52:07 PM
OPEC and allied oil-producing countries, including Russia, cut their supplies to the global economy by 100,000 barrels per day, underlining their unhappiness with crude prices that have sagged because of recession fears.

Business - Economy
9/5/2022 11:10:23 AM
Faced with recession fears, the OPEC+ countries are expected to agree a modest increase in oil production at a meeting on Monday, with some experts even forecasting a cut to support prices.

Business - Economy
9/1/2022 10:49:51 PM
Benchmark U.S. crude oil for October delivery fell $2.94 to $86.61 a barrel Thursday. Brent crude for November delivery fell $3.28 to $92.36 a barrel.

Business - Economy
9/1/2022 12:01:07 AM
Benchmark US crude oil for October delivery fell $2.09 to $89.55 a barrel Wednesday. Brent crude for October delivery fell $2.82 to $96.49 a barrel.

Business - Energy
8/30/2022 10:52:16 PM
Benchmark US crude oil for October delivery fell $5.37 to $91.64 a barrel Tuesday. Brent crude for October delivery fell $5.78 to $99.31 a barrel.

Business - Economy
8/29/2022 11:10:53 PM
Benchmark U.S. crude oil for October delivery rose $3.95 to $97.01 a barrel Monday. Brent crude for October delivery rose $4.10 to $105.09 a barrel.

Business - Economy
8/16/2022 10:44:17 PM
Benchmark US crude oil for September delivery fell $2.88 to $86.53 a barrel Tuesday. Brent crude for October delivery fell $2.76 to $92.34 a barrel.

War in Ukraine - Economy
8/16/2022 11:47:50 AM
Oil prices extended losses Tuesday after below-par US and Chinese data reinforced recession expectations, while equities were mixed as traders debate whether the data will allow central banks to temper their interest rate hikes.

Business - Markets & Companies
8/14/2022 4:49:00 PM
Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion.

Business - Energy
8/3/2022 3:59:09 PM
The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than in previous months at a time of high oil prices and unstable energy supplies exacerbated by the war Russia has waged on Ukraine.

Business - Economy
7/18/2022 3:58:29 PM
Crude oil prices have been declining over the past two weeks, dropping to below $100 per barrel, as fears about the recovery of demand mount, stated the Oil Market Monthly Report, published by Kamco Invest, a UAE-based investment strategy and research firm.

World - Region
7/16/2022 9:51:39 AM
US President Joe Biden is set to discuss volatile oil prices during a summit with Arab leaders on Saturday in Saudi Arabia, the final stop of his Middle East tour.

Business - Economy
7/13/2022 2:36:00 PM
Egypt’s Fuel Automatic Pricing Committee (FAPC) raised on Wednesday fuel prices for various octanes by EGP 0.5 to EGP 1 per litre, keeping the price of mazut for electricity and food industries fixed, for the third quarter of the year due to the global rise in oil prices.

War in Ukraine - Economy
7/13/2022 12:13:48 PM
With thousands of sanctions already imposed on Russia to flatten its economy, the U.S. and its allies are working on new measures to starve the Russian war machine while also stopping the price of oil and gasoline from soaring to levels that could crush the global economy.

World - International
6/30/2022 12:27:21 PM
Oil prices are high, and drivers are paying more at the pump. But the OPEC oil cartel and allied producing nations may not be much help as they decide Thursday how much more crude to send to world markets.

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