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Big freeze in Texas becoming a global oil market crisis

Big freeze in Texas becoming a global oil market crisis
lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.

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Texas Freeze Causes Largest Ever U.S. Production Decline

4 hours
Shell To Put Energy Transition Plan To Shareholder Vote
5 hours
Businesses Call For Market-Based Approach To Climate Change
6 hours
Mexican Parliament Passes Law That Restricts Fuel Imports Of Private Companies
7 hours
Executives Pay Deters Big Oil From Acting On Climate Change
23 hours
Oil Soars 5% As Bullish News Mounts
24 hours
Brazil Looks To Finance Fuel Subsidies With Oil Auctions
1 day
U.S. Boosts Oil Exports To Canada
1 day
The U.S. Power Sector Has Reduced Emissions By 52%
1 day
The Battle For European Oil Markets Is Heating Up
1 day
Another Round Of Power Shortages Grips Texas
1 day
High Battery Metal Prices Could Derail The EV Revolution ....

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Oil Prices Soar As U.S. Oil Production Plunges 30%

2 hours
U.S. State And Local Officials Call On Biden To Ban New Oil Permits
4 hours
Venture Capital Bets Big On Texas As World Capital Of Clean Energy Tech
5 hours
How The Clean Energy Megatrend Impacts The World Order
6 hours
Pro-Business Conservative Wins Presidential Election In Oil Producer Ecuador
7 hours
Japan To Pour 1 Million Tons Of Contaminated Fukushima Water Into Ocean
22 hours
U.S. Oil Production Still 2 Million Bpd Under Pre-Pandemic Levels
1 day
Big Oil’s Reserves Have Dropped By 25% Since 2015
1 day
Russia Raids Home Of Journalist For Investigating Prominent Oil CEO
1 day
Aramco To Sell Pipeline Stake To EIG For $12 Billion ....

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Texas cold blast boosts oil

Texas cold blast boosts oil
Sharon Cho, Rob Verdonck and Alex Longley, Bloomberg
Feb. 15, 2021
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Oil rallied to a 13-month high as cold weather in Texas disrupted flows from America’s largest shale patch, exposing the fragility of global supplies amid sharp cutbacks by OPEC and its allies.
U.S. West Texas Intermediate futures surged as much as 2.5% and rose above $60 a barrel for the first time since January last year. Brent crude in London, meanwhile, rose above $63. Permian oil production has fallen by as much as 1 million barrels a day as temperatures fall to minus 1 Fahrenheit (minus 18 degrees Celsius) in Midland, Texas, the de facto capital of U.S. shale production, according to the National Weather Service Midland. ....

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Cold cuts Permian output by 1 million barrels a day

Cold cuts Permian output by 1 million barrels a day
lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.

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