Crude oil inventories at Cushing have fallen to near-historic lows, prompting worries about the quality of the oil and pushing oil prices even higher.
Argentina Offers Its Oil Industry A Favorable Forex Rate Ahead Of ElectionsStudy Says EU Could Scale Blue Hydrogen Faster Than Green AlternativeRussia’s Crude Oil Exports Drop Amid Terminal MaintenanceChina Considers New Fees To Compensate Utilities For Building Coal PlantsFord Halts Construction At $3.
5-Billion EV Battery Plant In MichiganTrans Mountain Oil Pipeline Back On Track As Regulator Approves Route ChangeOccidental Won’t Increase Oil Output Despite Soaring CrudeTajikistan Promises Green Hydrogen ProductionLego Abandons Plans To Make Bricks From Recycled Plastic BottlesRussia Lifts Ban On Low-Quality Diesel ExportsHarold Hamm Calls For Consistency In U.S.
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Decade-Low Stocks At Cushing May Send Oil Prices Even HigherCrude prices will likely get a fresh boost this week, as stockpiles at the key US storage hub in Cushing, Oklahoma, risk collapsing to the lowest level in almost a decade
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Oil Prices Rise As Crude Oil Inventories Build, Products FallWTI crude futures held their ground on Tuesday after the API reported a small build in crude stocks, but draws in product stocks
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High Prices Pushed Iraq’s Oil Export Revenues To $9 Billion In AugustIraq’s oil export revenues jumped to $9 billion in August as oil prices climbed by more than $6.50 from the month before.
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Oil Prices Under Pressure As U.S. Dollar StrengthensA stronger U.S. dollar is putting oil prices under pressure, with fears of higher-for-longer interest rates fueling concerns of demand destruction.
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Energy Fund Manager Predicts Major Upside For Oil EquitiesNinepoint Energy Fund’s Eric Nuttall sees a strong year ahead for oil stocks, which have been lagging behind the surge in oil prices
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