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Canada prepares multi-billion dollar bailout for its oil industry
The federal government of Canada is preparing a multibillion dollar…
OPEC, allies face ‘major challenge’ from competitors’ surging output- IEA
The Organization of the Petroleum Exporting Countries and its allies…
IEA in talks with oil producers, consumers, pledges to ensure market remains well supplied
The International Energy Agency (IEA) says it is in discussions…
Oil price remains close to three-year highs as ongoing supply cuts reduce inventories
Oil prices were firm on Friday near three-year highs reached…
Crude oil prices regain ground as concerns over U.S. production levels continue to weigh
Crude oil prices regained some ground on Friday, as news…
Oil markets stable on tighter U.S. market, expected OPEC supply cuts extension
Oil prices at the international market opened Thursday stable supported…
Oil slips after entering bull market on Kurdish export threat
Oil prices slipped after entering a bull market amid heightened…
Oil traders empty key crude storage hub amid OPEC production cuts
Oil traders are emptying one of the world’s largest crude…
Saudi Arabia cuts September oil sales to prized Asia market
Saudi Arabia is said to have cut crude sales for…
Oil could see downward correction in next quarter, Barclays says
Oil market is expected to see a downward correction this…