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ExxonMobil Underwhelms With Q1 Earnings

Exxon reported lower-than-expected earnings for the first quarter of 2024 due to declining natural gas prices and refining margins.

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TotalEnergies Beats Q1 Profit Forecast Despite Lower Natural Gas Prices

TotalEnergies saw its first-quarter adjusted net income drop by 22% from a year ago, but the French supermajor’s adjusted earnings beat the consensus estimate.

Brazil , Denmark , Nigeria , New-york , United-states , Akpo , Anambra , France , London , City-of , United-kingdom , French

Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June

Despite some crude inventory builds in the middle of April, commodity experts at Standard Chartered expect markets to significantly tighten in May and June

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Oil Moves Higher on Inventory Draw

Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an estimated decline of 6.4 million barrels in inventories for the week to April 19.

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U.S. Crude Oil And Gasoline Inventories Drop Off

Crude oil inventories in the United States fell this week by 3.23 million barrels for the week ending April 19

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Weak Diesel Prices Reflect Global Economic Slowdown

Diesel fuel production has ramped up, largely eliminating worries of a shortage.

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Moscow Calls on Producers to Up Domestic Fuel Deliveries

Moscow is demanding that Russian producers step up gasoline and diesel deliveries to the domestic market and for exchange trading

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U.S. Crude Oil Inventories Surge Fanning The Flames of Price Volatility

Crude oil inventories in the United States rose this week by 3.034 million barrels for the week ending April 5

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Russia Is Preparing for a Potential Gasoline Shortage

Russia is seeking to import gasoline from Kazakhstan in case of shortages due to diminished refining capacity in the country.

Russia , Kazakhstan , Ukraine , Belarus , Ukrainian , Russian , Tsvetana-paraskova , Reuters , Azakhstan , Asoline , Efining , Elarus

Oil Moves Higher on Fuel Inventory Draws

WTI crude rallied above $86 per barrel on Wednesday as the EIA confirmed draws in products, but a moderate build in crude oil inventories

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