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OPEC+ Cuts Fail Fail To Boost Middle East Oil Prices

As Middle Eastern producers were thinking of formula prices for their cargoes loading in June, they did not necessarily see the scope of the macroeconomic headwinds that they were up against ....

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Will Demand Concerns Force Middle East Producers To Cut Oil Prices

OPEC+ output cuts created an ideal scenario for Middle East producers to hike OSPs, but ongoing demand concerns could force them to cut prices in June ....

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OPEC+ cuts to tighten Mideast crude supply to Asia, Europe, cut refiners' profits

OPEC+ cuts to tighten Mideast crude supply to Asia, Europe, cut refiners' profits
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OPEC+ cuts to tighten Mideast crude supply to Asia and Europe, slash refiners' profits

The decision signals unity within OPEC+ despite Washington’s pressure on its Gulf allies to weaken their ties with Moscow ....

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OPEC+ cuts to tighten Mideast crude supply to Asia, Europe, cut refiners' profits

Middle East crude
oil supplies are set to tighten further from May after OPEC+
announced plans to cut output again, raising costs for refiners
from Asia to Europe and pushing them to seek more supply. | April 3, 2023 ....

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