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OPEC and its allies expect global oil markets will continue to tighten this year even as they revive output, but then flip into surplus again in 2022. Source
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The Federal Trade Commission is examining ways to crack down on mergers in the oil and gas industry and investigate whether gas station franchises are driving up gas prices as part of a Biden administration effort to combat higher costs at the pump. Source
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About 95% of Gulf of Mexico oil production, and 94% of gas output had been shut-in as of Monday, according to the Bureau of Safety and Environmental Enforcement. Source
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Oil headed for the biggest monthly loss since October as investors weighed the prospect of additional OPEC+ production and the restoration of crude output in the U.S. after Hurricane Ida. Source
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How To Capitalize On Guyana’s Oil Boom | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Aug 30, 2021, 7:00 PM CDT The oil market has come...
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The Energy ETFs To Watch This Year | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 30, 2021, 6:00 PM CDT An ETF explosion has taken over the financial market as exchange-traded funds enjoy the lion’s share of investment dollars globally–even as investors continue flocking...
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The EU’s Carbon Border Tax Could Deal A Devastating Blow To Russia’s Economy | 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 – Aug 30, 2021, 5:00 PM CDT The European Union’s carbon border...
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Oil And Gas Once Again In U.S. Government Crosshairs | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Aug 30, 2021, 4:30 PM CDT The U.S. Federal Trade Commission is investigating how...
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China’s Refinery Crackdown Leaves Oil Tankers With Nowhere To Go | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Aug 30, 2021, 4:00 PM CDT China is...
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Rising Energy Prices Send German Inflation To 13-Year High | 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 – Aug 30, 2021, 3:30 PM CDT Higher energy prices pushed Germany’s annual inflation...
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