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Morgan Stanley Cuts Oil Price Estimates as OPEC+ Accelerates Output
The decision by the Organization of Petroleum Exporting Countries and its allies to further accelerate production increases in June prompts analysts at Morgan Stanley to lower their crude price estimates by between $5 and $10 a barrel.
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...
Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...
Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output ...
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
A House of Representatives panel this week will consider sweeping changes to the nation's oil and gas drilling programs, ...
Exxon, Chevron, Shell, and TotalEnergies are sticking to aggressive production growth plans—even as profits decline and oil ...
APA Corporation (NASDAQ: APA), and oilfield service provider Halliburton (NYSE: HAL) fell hard in April, down 18.7%, 26.1%, ...
Wall Street is pointing toward losses in premarket trading and oil prices fell to a four-year low after OPEC+ said it plans ...
MSCI's global equities index was slightly lower on Monday after a long run of gains while oil prices fell on the prospect of ...
5hon MSN
The Coast Guard rescued 32 people from a sinking yacht off the coast of Miami Beach. The $4 million yacht has a capacity of ...
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