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Traders Predict 25-Point Rate Hike After OPEC+ Surprise Oil Output Cut

A 25-basis point interest rate hike by the Federal Reserve in May is now more likely to materialize as a result of the surprise OPEC+ oil production cut

United statesUnited kingdomGoldman sachs raises oil price forecast followingFunds to compensate energyKurdish oil exports remainRussian urals oil priceOctopus trustNigeria expands exploration to boost oil reservesChinese oil giantKurdistan oil exports could be shutOil balance look insanely bullishBrazil oil exports surge to recordSurprise oil outputGoldman sachsMercedes signs deal with spanish renewablesWorld energy council

Renewables Projected To Overtake Coal Worldwide By 2027

Renewables surpassed coal for electricity generation in the United States this year, and they’re expected to beat out coal in global electricity generation by 2027.

United kingdomUnited statesOctopus trustChinese oil major eyes significant outputFunds to compensate energyEnergy billBrazil oil exports surge to recordChinese oil giantKurdistan oil exports could be shutWorld energy councilRenewables projected to overtake coal worldwideKurdish oil exports remainMercedes signs deal with spanish renewablesRussian urals oil priceOil balance look insanely bullishGoldman sachs

Get Ready For Higher Prices At The Pump

U.S. gasoline prices were up slightly week-on-week, with analysts now warning that the OPEC+ surprise production cut could hit at inflation

United statesUnited kingdomWestinghouse secures czech nuclear fuel contractEnergy billGoldman sachsRussian urals oil priceChinese oil giantRenewables projected to overtake coal worldwideKurdish oil exports remainOil balance look insanely bullishGoldman sachs raises oil price forecast followingMercedes signs deal with spanish renewablesFunds to compensate energyWorld energy councilKurdistan oil exports could be shutOil prices continue their climb on

U S Drilling Activity Slips Following Price Slump

The total number of total active drilling rigs in the United States fell by 3 this week while WTI crude staged a modest recovery

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Chevron Bids Highest For Gulf Of Mexico Drilling Rights

Gulf of Mexico oil lease sale number 259 held on Wednesday attracted $264 million in bids for drilling rights in an area estimated to hold nearly 30 billion barrels of oil, with Chevron coming in with the highest bids

United kingdomUnited statesFunds to compensate energyKurdistan oil exports could be shutCanadian oil patchChina energyBpd oil exports stillMercedes signs deal with spanish renewablesPirates board oil tanker offshore west africaWarren buffett boosts occidental petroleum stake yetOil low prices draw rashOil prices jumpNigeria expands exploration to boost oil reservesWestinghouse secures czech nuclear fuel contractOctopus trustChinese oil giant

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