Oil rises 1% as price drop triggers buying; oversupply worries weigh

Oil prices rebounded over 1% on Tuesday with technical rebound and dip buying after a drop in prior session by OPEC+ decision to accelerate increases
ADNOC listed companies to distribute over $6.7bln in total annual dividends

Shareholders voted overwhelmingly to approve the dividend proposals brought forth by each companies’ Boards of Directors ADNOC Group’s publicly traded portfolio companies collectively endorsed over
Oil prices slump as fundamentals reassert themselves

By most measures the oil market is the weakest it has been since late June before Saudi Arabia and its OPEC⁺ partners reduced by crude

