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A Syrian businessman known in the region as the “godfather of oil” for the regime of Assad was reportedly killed in an Israeli airstrike

Syrian “Godfather of Oil” for the Regime Killed in Drone Strike

If confirmed, the strike would be a bold step for Israel’s clandestine operations in Syria, taking out an Assad regime insider from...

Saudi Arabia boosted imports of dirty oil to the highest in over three years to help meet power demand during the scorching summer.

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Saudi Arabia Ramps Up Purchases of Dirtiest Oil Amid Scorching Summer

Story Credit| Anthony Di Paola | Bloomberg | Saudi Arabia boosted imports of the dirtiest type of oil to the highest in...

Recent Houthi attacks in the Red Sea have sharply increased, disrupting shipping routes and impacting oil markets,

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Houthi Attacks in Red Sea Sharply Increase

Story by Andreas Exarheas| RigZone.com|Recent Houthi attacks in the Red Sea have sharply increased, disrupting shipping routes and impacting oil markets, Rystad Energy...

Germany close to deciding fate of seized Rosneft units, 2 years after Ukraine invasion. Government weighs options for Russian oil company.

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Germany Nears Decision on Fate of Seized Russian Oil Operations

Story from Bloomberg, via RigZone.com| Michael Nienaber & Petra Sorge| Germany is nearing a decision on what to do with the local...

A group of oil and gas exploration and production (E&P) companies is ready to pump $5 billion into Pakistan’s petroleum sector.

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Oil and gas exploration firms pledge $5bn investment in Pakistan

[From Geo.TV] According to state-run APP, a group of local and international oil and gas exploration and production (E&P) companies is ready...

The budget committee of the US Senate has started an investigation into suspicions of collusion between several domestic oil producers & OPEC

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OPEC/Big Oil price collusion suspicions: US Senate starts investigation

Story By Ed Pearcey |Global Data|via Yahoo News| The budget committee of the US Senate has started an investigation into suspicions of...

Goldman Sachs says Brent crude prices will rise to $86 per barrel this summer amid strong consumer demand, making a sizeable deficit in Q3

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Goldman Sachs Sees Oil Prices Rising to $86 This Summer

Story By Tsvetana Paraskova for Oilprice.com| Brent crude prices are set to rise to $86 per barrel this summer amid strong consumer...

The Iranian President’s death is unlikely to affect relations with Israel since hardliners are almost certain to remain in control in Tehran

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Will Iranian President’s Death Affect Israel Conflict, Oil and Gas?

Story by Andreas Exarheas|RigZone.com|The Iranian President’s death is unlikely to affect relations with Israel since hardliners are almost certain to remain in...