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October 28, 2020
Saudi Aramco: Oil Demand Too Weak To Ease OPEC+ Output Cuts | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Oct 28, 2020, 12:00 PM CDT Global demand currently is not...
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Tesla Launches UK Energy Plan With Low Power Rates | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 28, 2020, 11:30 AM CDT Tesla is offering its Tesla Energy Plan...
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Trump Makes Final Push To Defend Fracking | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Oct 28, 2020, 11:00 AM CDT President Donald Trump is reportedly preparing to sign an executive order that would mandate the analysis of fracking and its effects on the economy...
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The Luiperd-1X well on Block 11B/12B was drilled to a total depth of about 3,400 meters and encountered 73 meters of gas condensate. Total will now conduct a detailed assessment of the reservoir in conjunction with Qatar Petroleum and its other partners. Source
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Adding to the gloom, the American Petroleum Institute reported crude inventories expanded by 4.58 million barrels last week, while gasoline stockpiles rose for a second straight week, according to people familiar with the data. Source
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The recovery in demand coupled with the retrenchment in the U.S. shale sector could lead to higher oil prices as soon as in the second half of 2021, according to one of the top bosses of the country’s largest pipeline company. Source
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In much of the industrialized world, an ever-growing number of vans, trucks, trains and ships are hauling everything from desks to smart phones as consumers turn to online shopping and companies re-stock their supply chains after months of disruption. Source
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“This acquisition is a natural bolt-on extension of EQT’s dominant position in the core of the southwest Marcellus and supplements our already impressive asset base,” EQT CEO Toby Rice said in a statement. Source
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Why U.S. Residential Heating Oil Prices Slumped By 28% This Season | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 28, 2020, 10:00 AM CDT U.S. residential heating oil prices at the start of the winter heating season are 28 percent lower than in the...
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Crude Inventory Build Forces Oil Prices Lower | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Oct 28, 2020, 10:00 AM CDT Crude oil price fell further after the Energy Information Administration reported...
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