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OPEC+ rubber stamps crude oil output quota increase for August

(Sharecast News) - The world's largest grouping of crude oil exporting countries went ahead with plans to raise its permitted output ceiling, as expec...

Global oil demand to reach fresh highs in 2023 - IEA

(Sharecast News) - Global demand for oil is forecast to reach fresh highs next year, according to the rich world's oil watchdog , although supply coul...

EU may have reached agreement on partial Russian oil embargo 'in principle'

(Sharecast News) - European Union leaders have reached an agreement on a partial embargo on imports Russian oil, although the deal is not expected to ...

Sector movers: Commodities outperform despite US dollar strength

(Sharecast News) - Oil&Gas topped the leaderboard again on Thursday despite it being of a rollercoaster day for crude oil futures, the latter in part ...

Sunday newspaper round-up: Twitter, British Airways, Russian oil imports

(Sharecast News) - Relations between Twitter and and Elon Musk may be thawing if reports that the former is taking a fresh look at the technology magn...

Morgan Stanley raises Q3 2022 Brent oil price forecast to $130

(Sharecast News) - Analysts at Morgan Stanley said that an array of headwinds meant that oil demand in 2022 would be lower than previously thought.

Zelensky says Ukraine ready to discuss 'neutrality', seeks compromise on Donbass

(Sharecast News) - Ukrainian President Volodymyr Zelensky said his country was ready to discuss the official adoption of neutrality and wanted to reac...

Deutsche Bank keeps BP and Shell at 'buy'

(Sharecast News) - Analysts at Deutsche Bank lowered its target prices for most European oil and gas firms, although Shell and BP fared better.