Markets
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Attacks on Russian Energy Cut Oil Revenue, Impact Markets
MOSCOW, July 13 — Ukraine’s campaign of strikes against Russian oil infrastructure is injecting a persistent dose of…
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Saudi Arabia Shuts East-West Oil Pipeline After Houthi Attack
RIYADH, September 16 — A key Saudi oil pipeline has been shut down after a series of escalating…
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Ukraine Renews Drone Strikes on Russian Oil Refineries, Killing at Least Three
MOSCOW, July 10 — Ukrainian drone strikes on Russian oil facilities have tightened global markets for refined fuels,…
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IMF Expects Global Oil Inventories to Fall to Five-Year Low by July
SINGAPORE, July 8 — Global oil inventories are sitting at their lowest level in five years, a fact…
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Saudi Aramco Reports 12.7 Million Barrel Daily Output
Ghawar Field sits under the Eastern Province of Saudi Arabia. It is not a secret. Geologists have known…
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OPEC Nations Control Vast Majority of World’s Proven Oil Reserves
/ HTML. Use only facts from source. Let’s list facts: – In 2022, OPEC nations pumped 38% of…
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OPEC advances meeting to discuss oil price cuts amid coronavirus
Originally scheduled in March, the Organization of the Petroleum Exporting Countries and its allies decided to convene earlier…
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Saudi maintains stable oil supply amid growing tensions
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said they are taking significant measures to sustain oil market…
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