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US drillers cut oil and gas rigs for seventh week in a row

June 16 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row for the first time since July 2020, energy services firm Baker Hughes Co said in its closely followed report on.

U S refiners build new oil processing as travel rises | Hellenic Shipping News Worldwide

U S refiners build new oil processing as travel rises | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

U S refiners build new oil processing as travel rises

U S refiners build new oil processing as travel rises
hydrocarbonprocessing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbonprocessing.com Daily Mail and Mail on Sunday newspapers.

U S refiners build new oil processing as travel rises

U.S. oil refiners aim to run at up to 94% of a total 17.9 million barrels per day processing capacity this quarter, according to company forecasts and analysts, driven in part by expectations of seasonal travel demand.

Abundant Russian Supply Causes Drop In Refinery Margins

Global refining margins have halved due to abundant Russian crude exports, boosting fuel output from China and India.

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