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The Next Two Months Will Be Critical For Oil Fundamentals

We're entering a key period for oil fundamentals that will determine whether the market will tighten further or disappoint.

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A short cold snap leads to storage withdrawal [Gas in Transition]

On the upside, a modest rise in electricity generation shows that the EU economy is finally recovering.

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Oil prices rebound on hopes US will replenish strategic reserve - Markets

LONDON: Oil prices rose on Thursday, rebounding from three days of losses that took prices to their lowest since...

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Oil prices rebound after closing at seven-week low - Markets

LONDON: Oil prices rose on Thursday, rebounding from three days of losses that took prices to their lowest since...

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Treasury Department And IRS Release Final Regulations On The Transfer Of IRA Tax Credits - Oil, Gas & Electricity

As provided in the Inflation Reduction Act, eligible taxpayers may make a yearly election to transfer all (or any portion) of an eligible credit to an unrelated taxpayer under Section 6418 of the Internal Revenue Code...

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U.S. FTC signals Exxon-Pioneer deal approval, bars former executive from board seat

The FTC’s consent order prevents former Pioneer Natural Resources CEO Scott Sheffield from taking an offered seat on Exxon Mobil’s board of directors to resolve antitrust concerns

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brent crude today: Oil edges back towards 7-week low after resilient US jobs data

Brent crude futures for July were up 40 cents, or 0.5%, at $83.84 a barrel by 1332 GMT, having earlier touched a session peak of $84.44. U.S. West Texas Intermediate (WTI) crude for June was 27 cents, or 0.3%, firmer at $79.27, off a high for the day of $79.90.

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Paramount Resources reports $68.1-million quarterly profit, raises monthly dividend 20%

The oil and gas producer says it will now pay a monthly dividend of 15 cents per share, up from 12.5 cents per share

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