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US crude stocks fall, fuel inventories climb as refining picks up, EIA says
Reuters· 1 hour agoU.S. crude oil inventories decreased while fuel stockpiles rose last week, as refining activity...
Oil Falls Despite US Storage Drop as Traders Await OPEC+ Meeting
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Oil sank despite US data showing the biggest drop in the nation’s stockpiles in five...
India’s Jindal Is Said to Join Venezuelan State Oil Venture
Bloomberg via Yahoo News· 2 hours ago...) -- India’s Jindal Power Ltd. will partner with Venezuela’s state oil company in a crude venture...
Schumer, Democrats urge Justice Department to prosecute alleged oil industry collusion, price-fixing
San Francisco Chronicle· 33 minutes agoThe FTC said earlier this month that Scott Sheffield, the former CEO of Pioneer Natural Resources,...
ConocoPhillips buying Marathon Oil for $17.1 billion
ABC 7 Gulfshore News· 1 day agoConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive...
WTI Crude Hits $80, Notches Best Day In Over 2 Months: 'Peak Oil Demand Still A Decade Away' -...
Benzinga· 2 days agoOil prices surge on anticipation of increased demand and ongoing supply constraints. Goldman Sachs...
Oil Sinks as Weak Treasury Auction Creates Risk-Off Sentiment
Bloomberg via Yahoo Finance· 23 hours ago(Bloomberg) -- Oil retreated as another weak sale of Treasuries raised concerns about rising yields,...
Oil posts weekly loss as interest rate policy spurs fuel demand worries
StreetInsider· 6 days agoHOUSTON (Reuters) -Oil prices rose about 1% on Friday, but fell for the week on worries that strong U.S. economic data would keep interest rates elevated for a longer period ...
Big Oil Consolidation: Chevron Acquiring Hess - ConocoPhillips Acquiring Marathon Oil
Zacks via Yahoo Finance· 19 hours agoConsolidation among the oil and energy sector continues as Chevron (CVX) will be acquiring Hess...
Saudi Arabia Ramps Up Bonds to Help Fund MBS’s Big Projects
Bloomberg via Yahoo Finance· 12 hours ago(Bloomberg) -- Saudi Arabia hasn’t had a busier stretch in the debt market since the 2014-2016 oil...