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Oil rises in session, but has weekly loss on trade worries
Crude prices rose on Friday, but declined on the week on worries that oversupply would weigh on the U.S. market while trade disputes and slowing global economic growth would dampen demand for oil.
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Russian oil industry would weather U.S. 'bill from hell'
Stiff new U.S. sanctions against Russia would only have a limited impact on its oil industry because it has drastically reduced its reliance on Western funding and foreign partnerships and is lessening its dependence on imported technology.
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OPEC Lifted Crude Production in July
OPEC crude production rose in July, despite sliding output in Libya, Iran and Saudi Arabia.
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U.S.-Iran Sanctions Give China Lead in World's Top Gas Field
China National Petroleum Corp. is expected to take the lead on a $5 billion project to develop Iran’s share of the world’s biggest gas deposit, taking over from France’s Total SA, which halted operations after U.S. President Donald Trump reimposed sanctions on the Islamic Republic.
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How Trump's Tariff Tweets Moved Currency, Oil Markets
In "Futures In Focus," Chris Gersch, director of strategy at Bell Curve Capital, discusses the influence of President Donald Trump's China tariffs on the U.S. dollar and what trade tensions mean for oil. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets."
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Big Oil Cheers, Quietly, as Trump Moves to Ease Auto Standards
The Trump administration’s plan to relax fuel-economy and vehicle pollution standards could be a boon to U.S. oil producers who’ve quietly lobbied for the measure.
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Oil Is Fine With Wars, Just Not Trade Wars
Conflicts typically boost prices, but this one threatens to crush demand.
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Bab el-Mandeb, an Emerging Chokepoint for Middle East Oil Flows
Saudi Arabia temporarily halted oil shipments via the Bab el-Mandeb Strait, a key shipping lane for crude at the southern end of the Red Sea, after the country said two tankers were attacked by the Yemeni Houthi militia. Here’s why this waterway is starting to become a focal point for the global economy.
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