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Oil Closes the Month on a Strong Note

Oil Closes the Month on a Strong Note

The oil markets are increasingly putting their trust into OPEC+ production cuts to remain in place throughout this year, a feat which combined with an improving macroeconomic outlook could bring $90 per barrel sooner than assumed

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Water Shortages to Impact Over 30% of the World's Population

A new report predicts that water stress will significantly worsen by 2050, with some regions facing extreme water scarcity due to factors like climate change and population growth.

1 day ago

Over 20% of the World’s Oil Refining Capacity Is at Risk of Closure

Wood Mackenzie has said that more than 20% of the world’s oil refining capacity is at risk of closure due to weak refining margins.

1 day ago

Why Morgan Stanley Says to Buy Energy Stocks Right Now

Morgan Stanley remains pessimistic about the U.S. stock market overall; however, MS has upgraded energy stocks to overweight from neutral

2 days ago

Russia and Iran Build Out Gas Alliance String of New Cooperation Agreements

Nineteen new cooperation agreements in the areas of oil gas, infrastructure, and finance have been signed in recent days between Iran and Russia

2 days ago

Sanctions Begin To Bite Into Russian Oil Exports

The U.S. upped the ante in the sanctions game last month, and Russia may now have to work out new routes and ways to circumvent sanctions at a cost

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TotalEnergies’ South Africa Ambitions: Wise or Risky?

Why would TotalEnergies be risking activist wrath, court bans, and, ultimately, the possibility that the Orange Basin’s oil and gas abundance does not extend all the way to Block3B/4B?

2 days ago
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