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At 426.7 million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the EIA report ...
Also driving oil prices higher was a trade deal struck between the U.S. and the European Union, that averted a full-blown trade war. The deal establishes a new baseline for commerce between the two ...
Oil futures extended early gains, looking beyond a large U.S. crude inventory build as U.S. tariff threats against Russia add geopolitical risk.
Petrobras said its total Q2 production of oil, gas and gas liquids jumped 7.8% Y/Y and 5% Q/Q to 2.91M boe/day, and sales of ...
Dr. Gil FeilerOil markets enter a phase of moderate fundamentals with Brent expected to average ~$66–69 USD/barrel in H2 2025 ...
OFS giants SLB, Halliburton and Baker Hughes reported strong 2Q earnings but are wary of looming 4Q oil price weakness.
Oil prices rise as U.S.-EU trade deal boosts sentiment, OPEC+ stays course, and Saudi hikes OSPs, reinforcing a bullish crude ...
Diesel cracks have remained strong and some additional profit-taking could be keeping a lid on ULSD contracts as the rest of the complex moves higher. The NYMEX August ULSD was off by 2.45cts to ...
Production of 40,417 boe/d exceeded high end of guidance <li /> Net debt(1) reduced to $695 million, a decline of $119 millio ...
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