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The IEA just revised oil demand down by 420,000 barrels a day. Is it time to trim your energy stocks?
The surge in crude prices is causing some demand destruction. Oil supplies remain well below demand, which won't improve right away even if the Strait of Hormuz reopens soon. Oil prices will likely ...
Thick black smoke was sent billowing into the air after a fault at Fawley oil refinery. The smoke, reported on the evening of Tuesday, May 12, came from the ExxonMobil oil refinery in Fawley causing a ...
Bloomberg's Stuart Livingstone-Wallace delivered a line worth pausing on this week. Responding to a question about whether a U.S. naval posture was choking off Iranian crude flows, he told viewers: ...
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