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Oil and energy sector set to enter new growth cycle
26 Feb 2026 06:36 GMT
… cycle, supported by firmer crude prices and strengthening global market … 2.5 million barrels per day in 2026.
Oil demand growth, while … LNG as a strategic transition fuel, particularly across Asia, where … upgrades at Dung Quất Refinery.
At the same time, …
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Oil prices rise amid US-Iran tensions
26 Feb 2026 06:50 GMT
… third-largest oil producer in the Organization of the Petroleum Exporting Countries … summer demand and the US. OPEC member.
Limiting oil price gains, US crude inventories … rose by 16 million barrels …
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Oil edges higher amid US-Iran tension
26 Feb 2026 08:05 GMT
… temporarily to above $70 a barrel before retreating to the $60 … , the third-biggest crude producer in oil cartel Opec and other Middle East … of Opec+ thinking said as the group prepares for peak summer demand …
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Oil steadies as investors await US-Iran talks
26 Feb 2026 09:25 GMT
… third-biggest crude producer in the Organization of the Petroleum Exporting Countries … consider raising its oil output by 137,000 barrels per day for … of OPEC+ thinking said as the group prepares for peak summer demand …
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Crude oil futures fall on weak global cues
26 Feb 2026 08:25 GMT
… Thursday. Crude oil prices fell ₹14 to ₹5,975 per barrel in … the Multi Commodity Exchange, crude oil futures for March delivery slipped … demand in the spot market.
Globally, West Texas Intermediate crude oil … $65.63 per barrel, while Brent Crude fell 0.35 per …
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Saudi Arabia, Iran Boost Oil Exports amid Rising Mideast Tensions
26 Feb 2026 10:25 GMT
… are both accelerating oil exports, adding barrels to global … kingdom continues unwinding earlier OPEC+ production cuts. Its output … insufficient to handle cargo demand.
Benchmark supertanker earnings have … hauling 2 million barrels of crude from the Middle …
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Brace for impact: Weekly oil price hikes may push inflation up
26 Feb 2026 10:15 GMT
… consistent weekly increases in petroleum prices have emerged as … crude benchmarks, pushing Brent toward the $70–72 per barrel … inflation print, especially through fuel, LPG, and transport-related … global crude prices firm despite uneven global demand,” Rivera …
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The oil industry is paying the price of Trump's $3 gas
26 Feb 2026 10:23 GMT
… and 3 million barrels per day — fundamentals that saw crude oil prices (CL … an improved demand outlook. But they remain several dollars per barrel lower … driving season, when gasoline demand spikes, driving crude oil prices up, and January …
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The cost of capital discipline: Big Oil faces production cliff edge
26 Feb 2026 09:30 GMT
… combined 22 million barrels of oil equivalent per day … oil and gas demand. The group collectively produces around 50 million barrels of oil … equivalent per day, meeting close to 30% of global demand … share of oil and gas demand, according to …
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China and U.S. Oil Stockpiles Could Cushion an Iran Supply Shock
26 Feb 2026 06:48 GMT
… Electricity Demand Meets Gas Turbine Shortage
The U.S. Strategic Petroleum Reserve … (SPR) currently holds about 415 million barrels of crude. Out … days of net imports of crude oil and refined products in strategic reserves …