Oil prices remain stable as markets await the June 2 OPEC+ meeting to discuss extending voluntary output cuts for the rest of the year.

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Indian Oil Demand Grows Despite Higher Prices

Crude oil demand has been growing in India despite consistently higher prices, proving the resilience of demand in the world’s second-biggest importer of crude.

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LEVERAGING AI TO COMBAT CRUDE OIL THEFT

The United States Coast Guard has employed AI algorithms to analyze maritime data and predict potential oil theft activities, allowing them to deploy resources more efficiently and combat illegal oil ...

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Oil prices steady as markets turn focus to OPEC+ meeting

Oil prices were in a holding pattern in early Asian trading on Monday as markets awaited an OPEC+ meeting on June 2 where producers are expected to discuss maintaining voluntary output cuts for the ...

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Tinubu urged to back blue economy as alternative to crude oil

President Bola Tinubu has been urged to give maximum support to the development of the blue economy and make it an alternative to crude oil in terms of ...

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