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With oil at over $100 a barrel, it’s not surprising BP is making money, But can that last? In early October 2020, shares in BP (LSE: BP) fell to a multi-decade low as investors rushed to dump…
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As oil prices spike to a nearly three-year high, a bitter disagreement between international oil producers has shattered hopes for a deal to increase oil production this year—thereby threatening to…
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Oil prices eased on Thursday after the world’s top importer China cut the first batch of crude import allocations for 2022, offsetting the impact of U.S. data showing fuel demand had held up despite soaring Omicron coronavirus infections
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Brent oil extended gains after OPEC+ ended days of talks without a deal to bring back more halted output next month, depriving the market of vital barrels as the global economic recovery gathers pa…
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