Energy

OPEC-Plus Deadlocked on Oil Production Boost Deal

OPEC-Plus Deadlocked on Oil Production Boost Deal

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Cartel and Russia-led allies blocked by U.A.E. in production-boost accord.
Oil Set for Best Half Since 2009 as Demand Recovery Accelerates

Oil Set for Best Half Since 2009 as Demand Recovery Accelerates

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Futures in New York rose toward $74 a barrel on Wednesday and are up more than 50% this year.
Gas Stations Are Running Out of Gas Ahead of the Holiday Weekend

Gas Stations Are Running Out of Gas Ahead of the Holiday Weekend

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The average is up just 2% since Memorial Day, but 42% from a year ago, when pandemic restrictions brought demand to a near halt and sent oil and gas prices plunging.
Oil Slips After Hitting Highest Since 2018 Before OPEC+ Talks

Oil Slips After Hitting Highest Since 2018 Before OPEC+ Talks

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Brent dipped 10 cents, or 0.1%, to $76.08 a barrel at 0911 GMT, after climbing to $76.60 its highest since October 2018. U.S. crude was down 4 cents, or 0.1%, at $74.01 a barrel.
Several Downsides to Economic Cooperation Between US and South Korea

Several Downsides to Economic Cooperation Between US and South Korea

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The two countries are not truly committed to greening the global economy because their manufacturing and exports still depend on dirty energy.
After Colonial Attack Energy Companies Rush to Secure Cyber Insurance

After Colonial Attack, Energy Companies Rush to Secure Cyber Insurance

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The Colonial ransomware attack on May 7 shut the largest fuel pipeline network in the United States for several days.

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