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Brent crude prices are expected to stay near $70 this summer before easing toward $60 later in the year as supply rises and demand wanes, according to UBS.
IEA warns OPEC+ output hike leaves oil market oversupplied as the supply is rising faster than demand with bloated market ...
October WTI crude oil (CLV25 ) on Thursday closed up +0.81 (+1.29%), and October RBOB gasoline (RBV25 ) closed up +0.0281 (+1 ...
Valero stock has enjoyed a surge in price as healthy refining margins boost profitability. Learn more about the upside ...
ET's recent underperformance may be attributed to the mixed market sentiments surrounding the energy sector, as the OPEC+ cuts/ ramping-up US ...
Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...
Saudi Arabia's crude oil exports slipped in June to their lowest level in three months, according to data from the Joint ...
Brent held near $68 a barrel, on track for the biggest weekly gain since early July, while West Texas Intermediate traded above $63. White House trade adviser Peter Navarro blasted India again for ...
A glaring mismatch between benchmark oil prices and expectations of a looming supply overhang has created an imbalance that ...
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September WTI crude oil (CLU25 ) on Tuesday closed down -1.07 (-1.69%), and September RBOB gasoline (RBU25 ) closed down ...
Schlumberger (NYSE: SLB) is a solid choice for investors looking for more risk-reward in the oil sector. Oilfield services stocks like Schlumberger are more volatile than the integrated majors, but ...