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Valor | Energy Connection – Feb. 24, 2025

Valor

February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oildips on pending Kurdistan supply resumption Summary : Oil prices declined on Monday, extending last weeks losses, as markets anticipated the resumption of crude exports from Iraqs Kurdistan region.

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Oil prices fluctuate despite supply boost by OPEC+

Crude Oil Futures

Despite President Trump's vocal "Drill, baby, drill" mantra, his push to boost crude oil supply has yet to fully take shape. Undeterred, he continues to press forward, shifting his focus toward pressuring oil producersparticularly in the Middle Eastto ramp up output until U.S. production reaches his desired levels.

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Latest OPEC+ move: the insignificant impact on oil market dynamics

Crude Oil Futures

Nor did it boldly declare that the measures that they adopted would achieve their most cherished goal, stabilizing the markets, the code word of the OPEC +for an increase in the price of oil. President Trump will not abandon his, Drill, baby, drill strategy for sure. OPEC+ cannot overlook this plain reality.

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