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Lower oil and gas prices are expected to dent the second quarter earnings at BP despite higher output and stronger refining margins BP s realizations in the oil production and Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector Page 1
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Oilprice in cooperation with its partners offers over 150 crude oil blends and indexes from all around the world providing users with oil price charts comparison tools and smart analytical Wildfires and maintenance shutdowns slashed Alberta s oil production to a two year low in May tightening heavy crude supplies and narrowing price differentials
Crude oil prices fell sharply after President Trump announced a ceasefire between Iran and Israel easing fears of prolonged Middle East conflict Israel launched military strikes against Iran s nuclear facilities leading to a significant surge in global oil prices and increased geopolitical uncertainty
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Oil production in the world s largest importer of the commodity hit an all time high of 4 6 million barrels daily China will not cease to be a major importer of crude anytime soon The United States launched targeted strikes on three Iranian nuclear facilities escalating Middle East tensions prompting fears of soaring oil prices and drawing sharp
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Lower oil and gas prices are expected to dent the second quarter earnings at BP despite higher output and stronger refining margins BP s realizations in the oil production and

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Oil And Gas Industry Jobs - Wildfires and maintenance shutdowns slashed Alberta s oil production to a two year low in May tightening heavy crude supplies and narrowing price differentials