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Crude Oil - Australia's biggest oil companies plot £42bn megamerger - latest update
Australia’s largest oil companies have launched talks on creating a A$80 billion (£41.7bn) global oil and gas giant as the consolidation in the fossil fuels industry escalates.
Shorting Crude Oil come hell or high water? [Video]
The US and European yields continue to fall, the S&P500 and Nasdaq both fell yesterday, while their European peers extended gains regardless of the overbought conditions. The Stoxx 600 closed yesterday’s session above the 470 level and screams: correction!
Venezuela, Guyana tensions rise over disputed region
Tensions have risen between Venezuela and Guyana as Caracas proposed a bill to create a Venezuelan province in a disputed oil-rich region and ordered the state oil company to issue licenses for extracting crude there.
Oil drops as markets mull OPEC+ cuts' efficacy, China demand concerns
Oil prices continued to fall on Wednesday, as investors weighed the effectiveness of an extension in OPEC+ cuts in tightening supply against a worsening demand outlook in China. Brent crude futures fell 63 cents,