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Oil dips on symbolic OPEC+ output cut

Oil pump jacks at Vaca Muerta in Argentina
Oil prices slipped early on Tuesday, paring the previous session's 3% gain, as an OPEC+ deal to cut output by 100,000 barrels per day in October was seen as a largely symbolic move to stem the market's recent slide.
A man walks under an electronic screen showing Japan's Nikkei share price index inside a conference hall in Tokyo

Asia shares ease, Euro slugged by energy crisis

Asian shares slipped on Monday while the euro took a fresh spill after Russia shut a major gas pipeline to Europe, leading some governments there to announce emergency measures to ease the pain of soaring energy prices.
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Illustration shows U.S. Dollar banknotes

Asia Stocks Stagger Into September As Dollar Spikes

Asian stocks slid and the dollar spiked on Thursday as investors greeted September by selling everything that was not nailed down after a month battered by concerns about aggressive rate hikes from global policymakers.
OPEC logo is pictured at its headquarters in Vienna

Oil mixed as OPEC supply cut prospect offsets demand fears

Oil prices were mixed on Monday as investors balanced expectations the OPEC will cut output to support prices against concerns sparked by Federal Reserve Chairman Jerome Powell saying the United States will face slow growth "for some time".
The German government says the drop in the sales tax on gas will outweigh a surcharge gas companies can apply

Germany to lower tax on gas to help consumers

Chancellor Olaf Scholz said on Thursday that Germany would temporarily slash the sales tax on gas to help consumers facing soaring bills amid a crunch in Russian energy supplies.
A sticker reads crude oil on the side of a storage tank in the Permian Basin

Oil prices ease as Russia output increases

Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on futures.
Inauguration of the Interconnector Greece-Bulgaria (IGB) gas pipeline, that will carry gas from Komotini to Stara Zagora in Bulgaria, in Komotini

Explainer-Why Europe faces climbing energy bills

A global surge in wholesale power and gas prices means households across Europe face much higher energy bills this year and beyond, with the region's most vulnerable exposed to fuel poverty, consumer groups say.