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The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Canada’s oil and natural gas sector is set to boost upstream capital expenditures to around US$30 billion this year
Preview Text: Crude continues to trade in a narrow bandwidth, but major data reports could have an impact this week.
Oil prices continued their sideways journey, with some bullishness emerging from weak US retail sales swiftly quashed by new escalation in the Middle East, with Israel attacking Rafah and the Houthis expected to retaliate soon.
Oil prices were holding steady after initially gaining 1% on Wednesday as the Israel-Hamas conflict gained momentum in Lebanon