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Oil Prices Retreat from Seven-Week Highs on Mixed Signals

Oil prices retreated on Wednesday after reaching seven-week highs, influenced by conflicting factors of summer demand optimism and geopolitical tensions, despite an unexpected increase...

Energean Announces Sale of Mediterranean Oil and Gas Assets to Carlyle for up to $945 Million

Energean, the Mediterranean-focused oil and gas producer, has entered into an agreement to sell its assets in Egypt, Italy, and Croatia to Carlyle Group...

What is the Best Quality Gasoline?

Choosing the right gasoline for your vehicle is crucial for maintaining optimal engine performance and efficiency. With various options available at gas stations, understanding...

What can replace gasoline?

The quest for alternatives to gasoline has become increasingly urgent in the face of environmental concerns, geopolitical tensions, and the finite nature of fossil...

Oil Steady Amid U.S. Stock Build but War Jitters Abound

Oil prices remained largely steady on Wednesday, hovering near their highest levels in seven weeks. Brent crude futures eased by 34 cents to $84.99...

Gold and crude oil opened lower. Today’s trend analysis and operation suggestions

June 17, news analysis: As the market continues to digest the better-than-expected US inflation data on Wednesday, prices rose 1.3%. As the market continues...

Oil for Another 80 Years: The Significant Appeal of Carbon Capture

In recent years, oil majors have been investing heavily in carbon capture and storage (CCS) technology, ostensibly to offset the CO2 emissions from the...

Is Diesel Fuel Less Refined than Gasoline?

Diesel and gasoline are two of the most commonly used fuels for internal combustion engines, powering vehicles, machinery, and generators worldwide. While they share...

What nation was the largest oil producer in the world?

The global energy landscape is shaped by a complex interplay of geopolitical, economic, and environmental factors, with oil production playing a central role in...

Oil Prices Retreat Following Unexpected Increase in US Inventories and Hawkish Fed Statements

Oil prices experienced a decline in Asian trading on Thursday, prompted by official data revealing an unexpected build in U.S. crude inventories. Additionally, the...

Oil Prices Decline Amid US Growth Concerns and Abundant Crude Supply

Early trade on Thursday saw a drop in oil prices as investors processed the likelihood of the U.S. Federal Reserve postponing a potential interest...

Oil Climbs on Optimistic Demand Outlook

Oil prices rose on Wednesday, driven by positive global demand forecasts from the U.S. Energy Information Administration (EIA) and the Organization of the Petroleum...

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