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Oil Gains Over 2% As Gasoline Stocks Show Second Weekly Decline

After plunging for six straight sessions on economic growth concerns, oil prices have now gained over 2% on the back of indications that gasoline demand is starting to improve alongside a weekly decline in U.S. gasoline inventories

United kingdomSaudi arabiaUnited statesOil and gas concessions couldGulf stock markets sink alongside oil pricesIran to increase its oil pricesCalifornia bill to penalize oil firmsPutin issuesa new nuclear warningRussia may be expanding oil outputOil price cap isWagner group accuses russian defense ministryBanking allianceOil gains overLargest companyKazakh oil exportSaudi arabia oil company slips to world

Oil Prices Fall On Another Major Crude Inventory Build

Oil prices continued to fall after the Federal Reserve notes as the API reported yet another major build in crude oil stocks

United kingdomSaudi arabiaPutin issuesa new nuclear warningWagner group accuses russian defense ministryUzbek police bust three involved in millionSaudi arabia oil company slips to worldChina renewable energy revolutionUk energy consumers braceOil and gas concessions couldGulf stock markets sink alongside oil pricesIran to increase its oil pricesCusp of having nuclear weaponsRussia may be expanding oil outputBanking allianceAmidst energy price cap scrutinyLargest company

WTI Loses Over 3% As Fed Minutes Fail To Calm Markets

Official minutes of the Feb 1st Federal Open Market Committee have been released, showing that a majority of Federal Reserve officials had agreed to slow the pace of interest rate hikes

United kingdomSaudi arabiaPutin issuesa new nuclear warningWagner group accuses russian defense ministryUzbek police bust three involved in millionSaudi arabia oil company slips to worldChina renewable energy revolutionUk energy consumers braceOil and gas concessions couldGulf stock markets sink alongside oil pricesIran to increase its oil pricesCusp of having nuclear weaponsRussia may be expanding oil outputBanking allianceAmidst energy price cap scrutinyLargest company

Russia May Be Expanding Oil Output Cuts

Russia will slash crude exports from western ports by one-quarter in March and April, expanding the 500,000 barrel-per-day cuts it announced for next month in apparent retaliation for Western sanctions

United kingdomSaudi arabiaPutin issuesa new nuclear warningWagner group accuses russian defense ministryUzbek police bust three involved in millionSaudi arabia oil company slips to worldChina renewable energy revolutionUk energy consumers braceOil and gas concessions couldGulf stock markets sink alongside oil pricesIran to increase its oil pricesCusp of having nuclear weaponsRussia may be expanding oil outputBanking allianceAmidst energy price cap scrutinyLargest company

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