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South Korea Discovers Major Offshore Oil And Gas Reserves — Enough To Fuel Nation For Decades,...
Benzinga· 3 days agoIn a recent move by South Korea which heavily relies on imports of overseas gas and oil, the country...
Russia Oil Revenue Rose 50 Pct in May as Nation Adapts to Sanctions
Rigzone· 1 hour agoRussia’s oil proceeds to the state budget increased almost 50% in May from a year ago, as its crude...
Why Are Oil ETF Prices Falling?
etf.com via Yahoo Finance· 1 day agoGlobal economy: Oil is a globally traded commodity, and its price fluctuations can have a ripple effect on the global economy. An oil price decrease can...
‘I don’t get scared of anything’: Aliko Dangote’s mission to build Africa’s largest oil refinery
CNN via Yahoo Finance· 13 hours agoDangote’s company says the plant will have the capability to produce 650,000 barrels per day once...
Czechia extends deadline for phasing out Russian oil
The New Voice of Ukraine via Yahoo News· 13 hours agoCzechia will get rid of its dependence on Russian oil by mid-2025 at the latest, Checz Prime Minister Petr Fiala said after meeting with management of...
Crude oil prices today: WTI prices are down 0.53% this year
USA Today· 1 day agoWTI futures were at $73.05 per barrel at 9 a.m. ET. That’s down 5.03% from yesterday.
South Korea's Yoon approves exploration of vast oil, gas prospects off the coast
CNBC· 3 days agoThe possibility of the area containing as much as 14 billion barrels of oil and gas is "very high,"...
India to benefit as global oil prices decline by over $4 a barrel
Investing.com· 17 hours agoNew Delhi, June 5 (IANS) India stands to gain as oil prices have fallen by over 4$ a barrel this...
Exclusive: Consortia target Citgo's Texas refinery as auction deadline looms, sources say
Reuters· 5 hours agoCitgo Petroleum's smallest and least profitable oil refinery has been thrust into the spotlight as a...
U.S. Crude Oil Inventories Rose Last Week
The Wall Street Journal· 7 hours agoU.S. crude oil inventories rose 1.2 million barrels last week, along with a rise in gasoline and distillate stocks, as refineries raised their capacity...