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EIA data showed U.S. commercial crude inventories rose 1.3 million bbl for the week ended Friday, marking a second consecutive weekly build. Gasoline and distillate stocks also increased by 0.8 ...
Oil futures traded sideways with the market pondering the eventual effect on supply of negotiations around Iran’s nuclear program and the Russia-Ukraine war.
Oil companies have spent $17 billion on acquisitions in the last three months, a steep fall from the height of dealmaking in ...
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Oil futures ended the week on a positive note, lifted mostly by easing trade tensions.
Futures markets were mixed as midday approached Friday, with crude oil finding some upward momentum and product futures running flat to a bit lower.
The goal was to empower traders with tools and trust in a complex market. This path—full of surprises, setbacks and ...
The NYMEX July RBOB contract was down by 3.95cts to $2.0915/gal and June RBOB was off by the same amount to $2.1305/gal. The July ULSD contract was 3.2cts lower at $2.121/gal and June ULSD was down by ...
The new administration has a "drill, baby, drill" mantra and a much more liberal attitude towards the oil and gas industry than the last one. But that hasn't translated into great profits for the oil ...