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Oil climbs as dollar slumps; gains capped by pandemic surge


Oil prices edged higher on Monday, supported by a weaker U.S. dollar but gains were capped by concerns about the

OPEC and the IEA see bullish oil demand this year. Here’s why they’re spot on


The recovery from the pandemic is quickly accelerating, at least based on red-hot demand in the oil market.

The International Energy

Clean crude? Oil firms use offsets to claim green barrels


In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of

Why oil traders should keep an eye on Iran even as nuclear talks look unproductive


The U.S. and other world powers haven’t made much progress in reaching a new nuclear deal with Iran, but with

Oil Prices May Have Peaked For Now


The oil market continues to surprise, with WTI apparently firmly above $60, a level that could be equated with the

February’s cold weather shut more U.S. refinery capacity than Hurricane Harvey


A severe cold spell in mid-February knocked out a third of U.S. oil refining capacity, according to data compiled by

China’s refinery output up nearly 20% on demand recovery


China’s daily crude oil throughput surged 19.7% in March from a year earlier, as refiners ramped up operations to meet

Oil slips as rising infections spark demand concerns


Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted concerns that stronger measures

Will $60 oil be the new normal?


The upward trend in oil prices are expected to strengthen in coming weeks as stronger demand outlook and signs of

Oil prices find new equilibrium


Crude prices appear to have found a temporary equilibrium in recent weeks, with OPEC+ planning to add just enough extra

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