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Oil Price - Oil prices jump on U.S. inventory drop
Oil prices rose on Wednesday after a surprise drop in U.S. crude inventories, but demand concerns amid record increases in COVID-19 infections in some U.S. states capped gains.
UPDATE 3-S.Korean refiners post record H1 losses on plunge in oil price, demand
Two refiners in South Korea, the world's fifth largest crude oil importer, posted their biggest losses ever in the first half when oil prices slumped as the COVID-19 pandemic ravaged fuel demand.
South Korean refiners post record first-half losses on plunge in oil price, demand
Two refiners in South Korea, the world's fifth largest crude oil importer, posted their biggest losses ever in the first half when oil prices slumped as the COVID-19 pandemic ravaged fuel demand.
Tullow Oil narrows full-year output guidance, lowers long-term oil price forecast
Tullow Oil reported that output was in-line with expectations during the first half of the year, but "narrowed" its guidance for full-year output and lowered its forecasts for oil prices both in the ...
Tullow Oil flags write-offs of up to US$1.7bn as it downgrades long-term crude price forecasts
Production remained steady, in line with expectations, but lower than forecast crude oil prices are still a problem for Tullow ...