Oil Prices Rose and Completed Fourth Consecutive Monthly Gain on Friday
Oil Prices finished up for the week ending July 30, 2021 and concluded a run of four consecutive positive months.
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TC Energy Corp Targets Military Site for New Project
The owner of Keystone Pipeline has struck a deal with Canada's Department of National Defence.
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Who Wins and Loses from Commodity Price Surge?
The world's recovery from the coronavirus pandemic has sent prices for energy, metals, and food soaring.
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Exxon Posts Highest Profit in More Than 2 Years
Exxon Mobil Corp. posted the highest profit in two years as prices for commodities and chemicals surged amid strong consumer demand for plastics.
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KCA Deutag Creates New Business Unit
KCA Deutag has announced the creation of a new business unit named Kenera.
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TotalEnergies and Apache Corp Make Oil Find
TotalEnergies (NYSE: TTE) and Apache Corporation (NASDAQ: APA) have encountered oil in the Sapakara South-1 well on Block 58 off the coast of Suriname.
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Chevron Revives Buyback of Up to $3B
Chevron Corp. is reviving share buybacks that were suspended more than a year ago.
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Eni Delivers Exceptional Results
Eni delivered exceptional results in the second quarter of the year, according to the company's chief executive officer.
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USA Vehicle Miles Quietly Eclipse Pre-Pandemic Levels
An informed market watcher highlighted a significant milestone in demand this week, which is all the more noteworthy considering the continuation of certain Covid-19 related restrictions.
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Oil Trims Weekly Gain as Delta Lingers Over Market
Oil declined, trimming a second weekly advance, as the latest Covid-19 comeback continued to cloud the short-term outlook ahead of the OPEC+ alliance adding more barrels to the market next month.