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OPEC+ Likely to Extend Output Cuts in June, Goldman Sachs Says
OPEC+ was likely to extend output cuts in June, said Goldman Sachs’ Commodities Research analysts who no longer expect the group to announce a partial unwind of voluntary production cuts in that month.The Wall Street Journal - World -
U.S. crude oil recovers losses after surprise stockpile decline
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.CNBC - Business -
Big Oil boomed under Biden. So why does it hate him?
The president’s focus on tackling climate change has upset US producers, who are instead funding TrumpFinancial Times - Business - Joe Biden -
Oil prices end higher after dipping to eight-week lows as U.S. crude supplies fall
Oil futures settled higher on Wednesday, finding support after a brief dip to their lowest levels in about eight weeks, as U.S. government data showed an unexpected weekly decline in domestic crude inventories.MarketWatch - Business