Saturday , 7 February 2026

Recent Posts

Shale drillers reopen wells, says pipe giant

Bloomberg Some drillers in the biggest North American oil field are reopening wells shut in response to the pandemic-driven price collapse, according to pipeline giant Energy Transfer LP. In the Permian Basin’s Midland region, about 8% of oil volumes that feed Energy Transfer’s pipe network had been shut at the start of the month, Mackie McCrea, the company’s chief commercial …

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Covid-19: Fuel consumption in India shows signs of rebounding

Bloomberg Fuel consumption in India is showing signs of rebounding after witnessing the worst monthly sales in more than 12 years. Demand in May will be as much as 25% higher than April as planting season begins, requiring tractors and water pumps to burn more diesel, and the easing of the world’s biggest lockdown brings more trucks back to the …

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Europe stocks edge higher, as US futures dip, oil rises

Bloomberg European stocks edged higher, US equity futures slipped and Asian shares dropped on Tuesday as investors weighed an up-tick in coronavirus infections in several nations and signs of fresh trade tension. Oil rose. The Stoxx 600 Index nudged upward after a downbeat start as gains for healthcare shares offset declines for the financial and energy sectors. S&P 500 futures …

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