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Statoil Posts $300M Loss In Q2, Blames Wavering Upstream Revenue

Statoil Posts $300M Loss In Q2, Blames Wavering Upstream Revenue

Statoil reported its second quarter figures on Wednesday, revealing a second-quarter loss that disappointed analysts’ expectations

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Oil Extends Losses As EIA Reports Filling Inventories

Oil Extends Losses As EIA Reports Filling Inventories

Oil prices took a plunge on Wednesday morning, extending losses after the EIA reported a surprise build to crude as well as gasoline stocks

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Oil Tanks After EIA Reports 1.7M Barrel Crude Build

Oil Tanks After EIA Reports 1.7M Barrel Crude Build

Oil prices tanked on Wednesday morning after the EIA contradicted the API and reported a 1.7 million barrel build in crude inventories

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