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April price crash dragged Saudi Arabia’s oil revenues to 4-year low

Oil & Gas 360º

(Oil Price) – Saudi Arabia’s revenues from oil exports crashed in April by 21% from a year earlier – to the lowest level in nearly four years – as international oil prices dipped amid concerns about oversupply and potentially weaker global economic growth. slump in oil exports, the statistics body said.

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EnerCom Denver releases full presenter lineup for Landmark 30th Energy Investment Conference

Oil & Gas 360º

(Oil & Gas 360) – Register for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025 , featuring a broad group of public and private energy companies at www.enercomdenver.com at The Westin Denver Downtown. Please book rooms under the EnerCom Denver block. Venue: Westin Denver Downtown.

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EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

Oil & Gas 360º

For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. Please book rooms under the EnerCom Denver block. Venue: Westin Denver Downtown.

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BofA: The Saudis are readying for a long oil price war

Oil & Gas 360º

(Oil Price) – Saudi Arabia is getting ready to engage in a protracted oil price war with its rivals, Bank of America’s leading commodities expert told Bloomberg on Monday. crude futures curve since 2020. crude futures curve since 2020. shale producers. Saudi Arabia accounted for 2 mb/d of the group’s 3.15

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Oil Drops as Iran Seeks Deescalation with Israel

Rigzone

Image by KvitaJan via iStock Oil fell on signs that the conflict in the Middle East may avoid disrupting crude production, with Iran seeking to deescalate hostilities with Israel. However, critical crude oil-exporting infrastructure has so far been spared and there’s been no blockage of the vital Strait of Hormuz.

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Sinopec Books Lower Profit for 2024 on Oil Price Slide

OilPrice

Chinas state oil major Sinopec reported a net profit of almost $7 billion for 2024, which represented a 16.8% decline on the year, attributed to lower oil prices and electric cars. In 2024, international crude oil prices fluctuated downward, the domestic transportation industry accelerated the replacement of new energy.

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India’s Oil Imports From Russia Rebound After Initial Sanctions Chaos

OilPrice

Indian imports of crude oil from Russia appear to be rebounding in March following lower purchases earlier this year in the immediate aftermath of the January U.S. sanctions on Russias oil trade.

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