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Oil prices are under pressure as expectations grow that OPEC+ will announce a large supply increase for August. Given its ...
Using a demand and supply diagram, analyse the effects of Saudi Arabia’s agreement to continue increasing its monthly oil production Using a demand and supply diagram, analyse the effects of an ...
The surprising decision of the Organization of the Petroleum Exporting Countries and allies to increase oil production by a hefty amount for May leaves the market better supplied over April-June.
OPEC+ agreed to another large supply hike over the weekend, increasing it by 411k b/d effective July. The increase is similar to those in May and June.
The vast bulk of the supply increase has been in Dublin, where the cost of new rentals is just 1.3 per cent above its levels at the start of the year. By contrast, ...
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