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Vermont’s Bold Climate Law Targets Big Oil, Aims for Accountability

In a daring legislative strike, Vermont is taking on the giants of the oil industry with the Climate Superfund Law. This first-of-its-kind bill is designed...

Oil Prices Fall Amid Middle East Tensions and Strengthening Dollar

This Tuesday saw a subtle downturn in oil prices, driven by a robust U.S. dollar and escalating tensions in the Middle East, specifically due...

Brazilian Junior Oils: Strong Operations Amid Global Instability

Analysts anticipate a positive first quarter in 2024 for junior oil companies, despite ongoing volatility. The rising price of Brent crude oil, spurred by escalating...

Challenges Ahead: Pemex’s Declining Oil Production

As 2024 approaches, Petróleos Mexicanos (Pemex), led by CEO Octavio Romero Oropeza, braces for a downturn in oil production, an issue pressing both economically...

Turmoil Over Al Jazeera’s Future in Israel

Al Jazeera faces mounting challenges in Israel as tensions between the media giant and the Israeli government reach a peak. A new law enables the...

U.S. Employment Data Impact on Oil Prices

This past week, oil prices witnessed their largest drop in three months. US employment data weaker than expected, sparking speculation of a Federal Reserve...

Argentine Industrialists Rally Behind Milei Amid Economic Turmoil

Amid economic challenges, Argentina's industrial leaders have reaffirmed support for President Javier Milei's administration. Despite a challenging economic climate marked by recession and job losses,...

Oil Markets Respond to Potential OPEC+ Strategy Shifts

Oil markets saw subtle shifts this Thursday, with West Texas Intermediate (WTI) for June edging down to $78.95 a barrel on the New York...

Brazil’s Oil and Gas Production: Trends and Implications

In March 2024, Brazil's oil output slightly decreased by 2.7%, recording 3.356 million barrels daily. Despite this dip, production was up 7.7% from the...

Surprising Shift in U.S. Oil Reserves

In late April 2023, U.S. crude oil inventories surged unexpectedly, rising by 7.265 million barrels to 460.89 million. Analysts had forecast a drop of 1.5...

Oil Prices Fall Amid U.S. Monetary Policy and Geopolitical Strain

On a tense Tuesday, oil futures saw a decline, influenced heavily by U.S. monetary policy anticipation and the strengthening dollar. With the Federal Reserve's upcoming...

Pemex Hits Historic Low in Oil Exports

Petróleos Mexicanos (Pemex), Mexico's state-run oil giant, dramatically reduced its crude exports to unprecedented levels. This strategic shift supports the government's plan to refine more...

Oil Prices Drop as Middle East Tensions Diminish

Oil futures saw a decline this Monday, influenced by a cooling of geopolitical tensions in the Middle East and market anticipation of upcoming U.S....

Oil Prices Rise Amid U.S. Inflation Data and Tensions in Rafah

This week, oil markets showed resilience as futures closed higher despite a strong dollar, buoyed by the latest U.S. inflation data and geopolitical developments. The...

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