Oil market: Surprises with 548,000 bpd output hike in August; what...

Dununu.com Dununu

Sponsored

Oil market: Surprises with 548,000 bpd output hike in August; what analysts said

RSS Feed Business

Posted

107

OPEC+ surprised markets by announcing a larger-than-expected oil production increase of 548,000 barrels per day for August, exceeding analysts' predictions. This decision, driven by a positive global economic outlook and low oil inventories, signals a shift towards a market share strategy.

Read Full Article

Please log in to like, share and comment!

AICWA urges Fadnavis to stop Fimistan's redevelopment

Filmistan Studios, one of Mumbai’s oldest and most iconic film studios, has been officially...

By 0 5

UAE staycations vs international vacations: Insane deals from Dh99 at top local hotels & resorts win!

With international travel costs rising, UAE residents are opting for affordable staycations....

By 0 20

UAE: Dubai airports sells 2.5 million chocolate bars in 6 months, here are the top brands

Dubai’s airports have seen a chocolate boom, with 2.5 million bars of locally made...

By 0 20

Sentence of British boy who killed Bhim Kohli, 80, to be reviewed for being unduly lenient

The UK Solicitor General has escalated the case of a 15-year-old boy, convicted of manslaughter...

By 0 20

Iran's Khamenei makes first public appearance since Israel conflict; attends mourning event - video

By 0 31