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Latest News from Energy Services

Oil Rises as US Sanctions on Iran, Russia Offset Bleak Outlook

Oil advanced as the US tightened sanctions against Iran and Russia, countering some of the slump triggered by a dour demand forecast from the International Energy Agency on Thursday. ›

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Oil dips amid economic concerns, despite firm demand expectations

Oil prices edged down on Thursday after a surge in the previous session on a larger than expected draw in U.S. gasoline stocks, as markets weighed prevailing macroeconomic concerns against firm near-term demand expectations. ›

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