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Stock losses accelerate on Israel-Iran attacks — plus, the latest on Amazon, Meta and Apple

CNBC: Energy

The Dow Jones Industrial Average dropped nearly 2%, leading to the downside, while both the S & P 500 and Nasdaq fell more than 1%. Brent crude, the international benchmark, surged 7% to above $74 a barrel. oil benchmark West Texas Intermediate crude also popped 7%, trading close to $73 a barrel.

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Chevron starts oil production from Ballymore Project in Gulf of America

Oil & Gas 360º

Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the companys goal to produce 300,000 net barrels per day of oil equivalent from the Gulf in 2026. Co-owner TotalEnergies E&P USA, Inc. Malo facilities. Chevron subsidiary Chevron U.S.A.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Visible Long-Term Synergies: Visible operating, capital and corporate synergies which, in addition to supply chain efficiencies, can generate meaningful savings. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure.

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How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG

Rextag

The worlds largest energy companies have just released their Q1 2025 results, offering a detailed look at how the sector is holding up amid fluctuating commodity prices, ongoing supply chain pressures, and the growing influence of gas and LNG markets. increase from 1,056 mb/d in Q1 2024. shale basins.

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U.S. shale output nearing peak as oil prices stagnate

Oil & Gas 360º

(Oil Price) –The decline in oil prices and the prevailing uncertainty about the economy, trade, and supply chains are accelerating the peak in U.S. At current prices, ConocoPhillips doesnt expect a lot of things to change for the company, although there would be changes if WTI sinks to $50 per barrel. With the U.S.

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Global companies eye more US investment as Trump touts energy dominance

Oil & Gas 360º

On Monday global Brent crude futures settled under $70 a barrel as investors worried a trade war would slow economic growth. He said those investments would include the natural gas supply chain. million barrels per day, up 200,000 bpd from last months forecast. Oil prices hit a three-year low in early March. million bpd.

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