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The energy sector is witnessing a dramatic divergence as crude oil prices tumble to multi-year lows while natural gas stages an unexpected comeback. This unusual split reflects shifting supply ...
Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, adding to fears of oversupply of crude. In morning trade in Asia, West Texas Intermediate was down ...
HOUSTON/LONDON (Reuters) - Big Oil's first-quarter earnings have shown a clear split in how companies are positioned to weather the downturn sparked by a slump in oil prices to a four-year low in ...
HOUSTON/LONDON, May 2 (Reuters) - Big Oil's first-quarter earnings have shown a clear split in how companies are positioned to weather the downturn sparked by a slump in oil prices to a four-year ...
According to the statement obtained by Channels Television, Saudi Arabia, Russia, and six other members of the oil-producing countries will implement a production adjustment of 411,000 barrels a ...
Big Oil’s first-quarter earnings have shown a clear split in how companies are positioned to weather the downturn sparked by a slump in oil prices to a four-year low in April. “In this uncertain ...
Oil prices were also undermined by fears of mounting supply from the Organization of the Petroleum Exporting Countries and their allies, known as OPEC+. Oil prices extended declines on Wednesday and ...
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