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BP, Shell, and Exxon Signal One Thing: Oil Isn’t Going Anywhere
BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures.
A tiny rainforest country is growing into a petrostate. A US oil company could reap the biggest rewards
The course of Guyana’s destiny changed in 2015 when US fossil fuel giant Exxon struck oil. It discovered nearly 11 billion barrels in the deep water off the coast of this tiny country known for the ...
U.S. oil firms facing slowest Permian oil output growth since pandemic, with costs rising too
Crude oil futures gained for a third straight week, as U.S. sanctions against Iranian and Venezuelan oil raised some ...
US drillers cut oil and gas rigs for first time in three weeks, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...
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The Future of Oil: Market Trends, Risks, and Trading Potential with Octa Broker
KUALA LUMPUR, MALAYSIA – Media OutReach Neswire – 28 March 2025 – As of March 2025, Brent crude oil prices have experienced fluctuations: its price traded between $68.30 and slightly above $73 per ...
Diamondback's Permian Exposure Is Becoming More Gas Heavy
Diamondback Energy was a modest-size oil and gas producer when it went public in 2012. It has rapidly become one of the largest Permian-focused oil firms through a combination of organic growth and ...
Commentary: Welcome to the age of Big Oil's managed decline
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...