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4 days ago · Key Takeaways. WTI crude oil jumped more than 2% to an eight-week high on Monday amid expectations of improving demand over the summer travel months and growing concerns that a regional expansion...
4 days ago · A weekly report from the US Energy Information Administration showed that commercial inventories of crude oil fell by 12.2mn barrels compared with the previous week, as refineries stepped up to...
2 days ago · Oil and gas are going nowhere. “Increased use of EVs, emerging clean energy technologies and more expansive efficiency policies are combining to chart a much slower growth trajectory for oil ...
3 days ago · Crude Oil Market: Key Drivers Behind This Week's Price Surge. Light crude oil futures have climbed 2.12% this week, driven by a mix of bullish factors. Geopolitical tensions in the Middle...
3 days ago · Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory decline of 12.2 million barrels for the week to June 28.
4 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.
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3 days ago · Oil prices gained about 1% on Wednesday after a larger-than-expected decline in U.S. crude stocks, but gains were capped by concerns about rising global inventories in thin trading ahead of the U ...
