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Cheap sour crude grades are helping U.S. refiners continue to post strong profits. The strong results from supermajors have prompted renewed criticism from President Biden.

Researchers Report Renewable Jet Fuel BreakthroughProsecutors Allege Glencore Flew Cash Bribes To West AfricaUkraine Nuclear Plant Running On Backup Generators After Russian ShellingAsian Natural Gas Importers Race To Stock Up Ahead Of WinterCanada Orders Chinese Companies To Divest From Its Critical Minerals SectorBiden Unveils $13.

5 Billion Package To Ease Home Energy CostsEuropean Manufacturing Sector Has Tipped Into RecessionRussia Says It Will Resume Its Participation In The Strategic Grain DealRussia Becomes India’s Top Crude Oil SupplierSoaring Coal Prices Push Traders To Seek Private FundingHalliburton: The Era Of Exponential Growth In U.S. Oil And Gas Is OverChina Is Winning The Race For Central Asia’s Auto MarketU.S. Company To Build First Nuclear Plant In PolandRussia’s October Oil Production 1.

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Oil Prices Reverse On Bullish EIA Data | OilPrice.comOil Prices Reverse On Bullish EIA Data | OilPrice.comCrude oil prices moved up today after the Energy Information Administration reported an inventory draw of 3.1 million barrels for the week to October 28.
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Brazil's New President Is Unlikely To Undermine The Country’s Oil Industry | OilPrice.comBrazil's New President Is Unlikely To Undermine The Country’s Oil Industry | OilPrice.comWhen Lula won the Presidential election in Brazil, the share price of state oil giant Petrobras fell significantly due to fears that the new government might undermine its performance.
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Motorway speed limit reduction and Sunday driving ban plan to cut oil relianceMotorway speed limit reduction and Sunday driving ban plan to cut oil relianceIncluded in the plan is a ban on driving cars in cities every Sunday, as well as a suggestion to cut speed limits on motorways by 6mph
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Oil Shortage Forecasts Clash With Grim Economic Projections | OilPrice.comOil Shortage Forecasts Clash With Grim Economic Projections | OilPrice.comOil markets are being pulled in all directions as fears of a global economic slowdown clash with the potential of a massive supply shortage
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