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  2. 1 day ago · To give a rough number, the research suggests a sustained increase in the oil price by 10% would translate into Australia’s inflation rate being about 0.6 percentage points higher. This means ...

  3. 17 hours ago · 1002 ET – Conflicts have continued to grow in the Middle East, giving crude oil prices a big boost. Oil has been locked in a downward trend over the past month, down 14% from a multi-month high ...

  4. 5 days ago · Exactly how activity will respond to the higher price signals as 2021 unfolds depends on the pace of recovery in the general global economy, but let’s assume a linear oil price increase starting the year at around $50 and exiting 2021 at $80/bbl.

  5. 6 days ago · The more actively traded December contract BRN00 BRNZ24 tacked on 45 cents, or 0.6%, to $71.54 a barrel.October gasoline RBV24 climbed 0.4% to $1.95 a gallon, ending 4.1% lower on the week, while ...

  6. 2 days ago · UBS analyst Joshua Stone expects BP to cut its rate of buybacks to $4 billion in 2025 from $7 billion this year, based on an average crude price of $75 a barrel. Shell would reduce the rate of ...

  7. 5 days ago · After falling in 2020 in step with crude oil production, EIA projects that associated natural gas will return to 2019 levels in 2024 and then steadily increase at a modest rate through 2050, primarily driven by increased drilling in the Permian.

  8. 3 days ago · NEW YORK (Reuters) -Oil prices were little changed on Monday, but posted a 17% loss for the third quarter as fears that a widening conflict in the Middle East could curtail crude supply were ...

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