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Saudi Arabia will prolong its unilateral oil production cut by one month.

(Bloomberg) -- Iran is shipping the most crude in almost five years, fortifying its re-emergence on the geopolitical stage while posing risks for a fragile global crude market.Most Read from BloombergA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementAfrica’s Richest City Is Crumbling Under Chaos and CorruptionSocial Security Benefits Targeted for Cuts by House ConservativesAlphabet Selling Google Domains Assets to SquarespaceCrispin Odey’s One-Week Dow...

Iran is shipping the most crude in almost five years.

America’s gasoline inventories are now at the lowest level for the time of year since at least 2014.

Europe is set to import a record amount of American crude this month.

The Organization of Petroleum Exporting Countries boosted supplies by 120,000 bpd to 29.24 MMbpd, with the West African nation accounting for two-thirds of the increase as its output reached a one-year high.

OPECs oil production increased last month.

Russias oil industry may be coming under increasingly intense international pressure, but its seaborne exports are far from retreating.

Russias oil industry may be coming under increasingly intense international pressure, but its seaborne exports are far from retreating.

China is importing a wider variety of Russian crudes.