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Cartel could "flood the market": Opec moves into the oil price war

Summary by N-tv.de
Oil prices are already falling significantly. Instead of reducing production, Opec+, the cartel's leading export nations, is throwing even more crude oil on the world market. The US oil industry plays an important role in the cartel's calculation.

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Cartel could "flood the market": Opec moves into the oil price war

Oil prices are already falling significantly. Instead of reducing production, Opec+, the cartel's leading export nations, is throwing even more crude oil on the world market. The US oil industry plays an important role in the cartel's calculation.

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www.dn.nowww.dn.no

Oil prices plunge after OPEC deal

The oil cartel is increasing production again.

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  • 100% of the sources lean Right
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www.dn.no broke the news in on Monday, May 5, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

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