Gas is an important source of energy in the UK, providing heat and electricity to millions of homes and businesses.…
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Latest in Petrol
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OPEC’s Communication Strategies Found to Contribute to Oil Market Stability, Federal Reserve Study Reveals
by Krystalby KrystalA recent study conducted by the Board of Governors of the Federal Reserve System suggests that the Organization of the…
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Divergent Views on Oil Demand Growth: IEA Adjusts 2024 Forecast While OPEC Stays Optimistic
by Krystalby KrystalIn a notable departure from the optimism expressed by the Organization of the Petroleum Exporting Countries (OPEC), the International Energy…
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Introduction: The Strategic Petroleum Reserve (SPR) is a critical component of the United States’ energy security strategy. The SPR is…
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The Organization of the Petroleum Exporting Countries and its allies are gearing up to determine whether to extend oil supply…
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Oil Prices Inch Upward as U.S. Federal Reserve Hints at Possible Interest Rate Cuts
by Krystalby KrystalOil prices experienced a modest increase on Thursday, February 1, propelled by signals from the U.S. Federal Reserve indicating a…
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In a recent survey conducted by Reuters, it has been revealed that OPEC (Organization of the Petroleum Exporting Countries) witnessed…
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Marathon Petroleum (MPC) Surpasses Analyst Forecasts with Q4 Profits Driven by OPEC’s Production Cuts
by Krystalby KrystalIn a surprising turn of events, Ohio-based oil refiner Marathon Petroleum (MPC) has announced that its fourth-quarter profits for 2023…
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Petrol is an essential fuel for vehicles, providing the energy required to power the engine. However, not all petrol is…
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Oil prices witnessed fluctuations on Tuesday, January 23, retracting some of the gains from the preceding day as traders assessed…