Oil price news: Oil algorithmic traders amplify crude price rout after OPEC’s surprise

Oil price news: Oil algorithmic traders amplify crude price rout after OPEC’s surpriseRate-Cut Hopes Are Galvanizing Demand for Bonds EverywhereMarcelo Claure-Backed Fund Seeks Saudi Cash for Deals in BrazilCopper Falls Through $10,000 as Exchange Inventories Keep RisingShell CEO Warns of Risk From Volatile Policy in DC VisitStellantis May Drop Some Suppliers to Cut EV Costs, CEO SaysSouth Africa’s Economy Shrinks on Weak DemandMercedes, Stellantis Pause Battery Plans to Weigh Low-Cost CellsOil...

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Oil price news: Oil prices slide after OPEC+ plan spurs concern about glutOil futures extended declines Tuesday following OPEC+’s plan to return barrels to the market earlier than expected, raising concerns that the market will be oversupplied.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Oil price news: Oil slumps as OPEC’s surprise plan to raise output adds to gloomOil tumbled after OPEC+ unexpectedly rolled out a plan to restore some production to the market this year, adding to the bearish momentum crude has been experiencing for months.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Oil price news: Oil steady after OPEC+ signals plan to return barrels to marketOil was little changed after OPEC+ set out a plan to restore some production as early as October, despite concerns over the demand outlook and robust supply from outside of the group.
Source: BNNBloomberg - 🏆 83. / 50 Read more »