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When it comes to climate change, methane is low-hanging fruit | Science & technology

Oil giants Exxon Mobil and Chevron have recently announced major acquisitions of oil companies, expanding their oil and gas assets. Some analysts see these acquisitions as big bets on a fossil-fueled future, while others argue the moves could be viewed as consolidation in an industry that may be on the decline. Those conflicting reads come amid similarly dueling…

LITTLE ROCK, Ark. -- Average diesel prices are up once again. According to the Energy Information Administration, the price as of July 31 sits at $3.757

Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from OPEC leader Saudi Arabia, providing support for prices which are expected to rise in coming months. JP Morgan analysts said this month that oil inventories - which include crude and fuel products - now play a bigger role in determining oil prices than the U.S. dollar because Western sanctions on Russia have accelerated oil trading in other currencies. Both the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC) expect oil dema...

"We expect stocks to draw relatively aggressively in July, and by the end of August, we should be through the stock builds that we saw in the first half of the year," said Christopher Haines, an analyst at Energy Aspects.