The latest oil and gas news from around the world.
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Oil climbed to a four-month high as Ukrainian drone attacks on Russian refineries heightened geopolitical risks and key Chinese economic data beat estimates.
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North America dropped rigs again week on week, according to Baker Hughes.
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The EIA projects that driving activity will increase to all-time highs in the U.S. during 2024 and 2025.
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'Brent oil prices have risen to a four-month high'.
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Crude futures pushed through 200-day moving average and then held momentum on the week.