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Latest Articles in Energy Infra

Oil Prices Stable As US-China Tensions Offset Weak Dollar

Brent crude was down 1 cent at $43.30 a barrel by 0807 GMT, while U.S. West Texas Intermediate (WTI) crude up 1 cent at $41.08.

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Oil Rises On Weaker Dollar, But Virus Woes And US-China Tensions Weigh

Brent crude rose 15 cents, or 0.4%, to $43.46 a barrel by 0137 GMT, and U.S. West Texas Intermediate (WTI) crude rose by 12 cents, or 0.3%, to $41.19.

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Oil Inches Up, But Concerns Over Demand Recovery Cap Gains

Brent crude rose 7 cents, or 0.2%, to $44.36 a barrel by 0545 GMT while U.S. West Texas Intermediate (WTI) crude gained 8 cents, or 0.2%, to $41.98 a barrel.

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Oil Ticks Up, But Gains Capped By Demand Destruction

Brent crude added 2 cents, or 0.1%, to $44.31 a barrel by 0207 GMT while U.S. West Texas Intermediate (WTI) crude gained 6 cents, or 0.1%, to $41.96 a barrel.

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China's First-Half Solar Panel Output Jumps 15.7%, Industry Body Says

Solar module exports to the United States reached $310 million from January to May, Wang said, twenty times higher than last year, with trade hit by punitive tariffs.

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Oil Prices Fall On US Inventory Build, Increasing Pandemic Fears

Brent crude fell 32 cents, or 0.7%, to $44 a barrel by 0156 GMT, and U.S. West Texas Intermediate (WTI) crude dropped 33 cents, or 0.8%, to $41.59.

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Chevron To Buy Noble For $5 Billion In Stock, Biggest Oil Deal Since Price Crash

Shares of Noble closed up 5.4% to $10.18, after falling more than 60% this year through Friday's close. Chevron fell 2.2% to $85.27.

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Oil Steady As Vaccine News Counters Rise In Virus Cases

Brent futures were up 15 cents, or 0.4%, at $43.43 by 0117 GMT, while West Texas Intermediate (WTI) edged up 2 cents to $40.83.

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Chevron To Buy Noble Energy In $5 Billion Deal

The offer values Noble at $10.38 a share or 0.1191 Chevron share, a 7.5% premium to Noble's Friday close.

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Oil Falls As Worsening Pandemic Threatens Recovery

Brent crude was down 10 cents, or 0.2%, at $43.04 a barrel by 0047 GMT, after dropping slightly last week. U.S. oil was off by 6 cents, or 0.2%, at $40.53 a barrel, after gaining 4 cents last week.

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Crude Shipments Resume From Pemex Floating Oil Storage Unit After Collision

A source familiar with the unit's operation told Reuters on Friday that repairs had been made, allowing exports to resume, but did not specify the date that happened.

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Oil Prices Slip Amid Uncertainty Over Fuel Demand, Easing Supply Curbs

Brent crude futures fell 26 cents to $43.11 a barrel by 0822 GMT. U.S. West Texas Intermediate (WTI) crude dropped 23 cents to $40.52.

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Asian Palm Oil Producers Offers To Work With EU As It Readies New Food Rules

Indonesia in December filed a World Trade Organization suit against the EU over its ban on palm-based biofuel, and Malaysia is expected to follow suit.

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Oil Giants Including Exxon Set First Joint Carbon Target

Exxon supports the OGCI targets to decrease the carbon intensity of energy production and is "part of the industry's efforts to take practical, meaningful steps to reduce emissions,"

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