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Oil futures rose for the first week in the last three after the market shook off the scare over OPEC+’s accelerated production plans and turned its focus to U.S. trade talks.
Firstly, global inventory is pretty low. As an example, the 25mn barrels in storage at Cushing, Oklahoma — an important hub ...
However, Devon isn't resting on its laurels. The leading oil stock recently unveiled a bold goal to boost its pre-tax free ...
The EIA estimated U.S. crude oil production a little under 13.4 million barrels a day, down by 98,000 barrels a day from the week before. Crude imports rose by 557,000 barrels a day to 6.1 million ...
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U.S. Crude Oil Stocks Fall as Lower Imports Offset Higher OutputOil stocks at Cushing, Okla., the Nymex delivery hub ... production rose by 118,000 barrels a day to a record 13.6 million b/d, the EIA said. Crude imports were down by 1.3 million b/d at 6 ...
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