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Crude Oil Futures Could See Better Prospects as Traders Return from Break

Rigzone: News

Crude oil futures could see better prospects as traders return from the holiday break', Terence Hove, Financial Markets Strategist Consultant to Exness, said in a market analysis sent to Rigzone.

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Energy Market Assessment: Restoring upward mobility of the masses will have a profitable oil & gas drilling boom

Oil & Gas 360º

crude oil supply growth smaller than what it has been/ what is expected fuels our bullish oil outlook. lower-48-state crude oil production approached 13 million barrels per day (mmbd) five years ago (Figure 11, green dot). Figure 10: Weekly Change in Total U.S. Energy Information Administration data) U.S.

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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360º

million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. Meanwhile, Permian-quality crude at the Magellan East Houston (MEH) terminal, the main price assessment point along the Gulf Coast, traded at a $1.31 crude futures.

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BP looks to hire two more directors under oil-focused strategy

Oil & Gas 360º

One of the new directors would be in charge of oil and gas while the other will head the companys remuneration committee, according to FTs sources with knowledge of the internal discussions. Its not clear how far ahead BP is in a recruitment process in the search for two more directors, FT notes.

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Upstream Midstream Downstream – What is the Difference?

Aresco

What is oil and gas upstream midstream downstream? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas. This includes both onshore and offshore activities.

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U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

This trend aligns with industry shifts over the past couple of years, as lower oil and gas prices have led operators to prioritize shareholder returns, debt reduction, and capital efficiency over aggressive production increases. crude oil production will rise from a record 13.2 million barrels per day (bpd) in 2024 to around 13.6

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Benefits of Compabloc technology versus shell & tube

Scambio Termico

In the past three decades, more than 30,000+ units have been installed globally in various applications like crude oil refinery, oil and gas, petrochemicals, pulp and paper, mining and metal industries, to name a few. Table 1 shows/compares design output on various parameters for both Compabloc and shell and tube technology.