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Tuesday,August 11,2020 13:38 PM

Oil Prices

OPEC pumps more oil in July despite cut pledge:...

"There would be more confidence that re-balancing is here to stay if some producers party to the output agreements were not... showing signs of weakening...

Oil majors gushing in cash despite cheap...

BP, Chevron, ExxonMobil, Shell and Total have all published results in recent days, showing they pocketed $23 billion in net profit in the first half fo...

Opportunities for oil and gas despite demand...

Total CEO Patrick Pouyanne said climate policies and electric cars would affect demand for oil in the next three decades.

Anti-corruption groups raise red flag over...

The contract is part of a drive by the Nigerian government to privatise its dilapidated state assets.

Oil output cuts pressure Mideast economic...

"The subdued pace of expansion reflects lower headline growth in the region's oil exporters, driven by the November 2016 OPEC agreement to cut oil production,"...

Crude prices jump after US strikes on Syria...

After benchmark contract Brent struck $56.08 per barrel and WTI $52.94, gains were pared through the day.

How to handle an oil shock

A textbook response suggests that a government should adjust fiscal expenditures in response to permanent (or very persistent) drops in export and budget...

Pound mauled on Brexit uncertainty, oil falls...

Oil prices, meanwhile, fell further on renewed concerns that OPEC's production cuts will fail to erase a global crude glut.

OPEC loan to develop vocational institutes...

Total project cost will be $16.3 million

Oil resumes rise after OPEC cut

Crude futures prices surged more than 10 percent immediately after the OPEC deal.

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