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OPEC+ Extends Output Cuts as Market Remains Stable
By MBN Staff - Tue, 11/04/2025 - 12:44
Eight OPEC+ countries will reduce oil production by 137Mb/d in December, maintaining supply discipline amid steady market and economic conditions.

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PEMEX Crude Output Dips 8% Year On Year Despite July Rebound
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PEMEX crude oil output fell 8% year on year in July, despite production hitting its highest level since late 2024.
Oil Prices Stabilize as Israel, Iran Agree to Ceasefire
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Oil prices ease after Israel and Iran reach a ceasefire. Brent drops 12% from Friday’s peak, with WTI and Mexico’s oil mix following the same trend.
EIA Faces Major Staff Losses, Threatening Key Energy Reports
By MBN Staff - Tue, 04/22/2025 - 13:44
EIA is expected to lose more than 100 employees following a new round of resignation offers under the Trump administration.