WTI Closes at Highest Level Since April 2019
Oil surged to the highest in nearly two years after the OPEC+ alliance surprised traders.
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OPEC+ Surprise Triggers Oil Price Surge
The oil market had been expecting additional supply.
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Valaris Clears Bankruptcy Hurdle
The U.S. Bankruptcy Court for the Southern District of Texas has approved Valaris' Chapter 11 prearranged reorganization plan.
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ERCOT Board Fires CEO
Magness has defended the grid operator's decision to call for the largest forced power outage in U.S. history.
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Average USA Pump Price May Soon Top $3
Pump prices across the United States could exceed $3 a gallon for the first time in six years.
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Energy Transition Will Drive More Copper Mining
Copper is a vital part of green infrastructure.
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Blueknight Exits Crude Terminalling Business
Blueknight Energy Partners has closed on the sale of its crude oil terminalling business to Enbridge.
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Houthis Claim Strike on Aramco Oil Depot
Yemen's Houthi rebels said they launched missile and drone strikes against a Saudi Arabian oil facility and a military base.
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Platts Apologizes to Oil Traders
S&P Global Platts apologized to oil traders for the speed at which it announced an overhaul of a price that underpins a swath of the world's crude oil transactions.
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DOE Announces New Senior Leadership Appointees
The U.S. Department of Energy has announced new senior leadership appointees.