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Federal Agencies Target ExxonMobil And Chevron Acquisitions

Federal Agencies Target ExxonMobil And Chevron Acquisitions

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Oil is refined into gasoline, diesel, and jet fuel 24/7 at fewer and fewer refineries around the … [+] nation. getty The Securities and Exchange Commission and Federal Trade Commission are evaluating pending oil company consolidations because of antitrust and climate related concerns. The ExxonMobil XOM acquisition of Pioneer Natural Resources PXD and Chevron’s CVX […]

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Oil steady around weekly low while markets are unwinding risk premium over tension in Middle East

Oil steady around weekly low while markets are unwinding risk premium over tension in Middle East

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Oil turns flat for this Friday with markets writing off Middle Eastern tensions during APAC session. WTI Oil prices retreat from $85.00, while Brent dips below $90. The US Dollar Index eases as well on a turnaround from safe haven inflows earlier on the back of headlines.  Oil prices are dropping lower with markets having

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‎Oil rises over 1% amid concerns of escalating conflict in Middle East

‎Oil rises over 1% amid concerns of escalating conflict in Middle East

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Oil drilling rigs Oil prices increased on Friday, amid investor concerns about the escalating conflict in the Middle East following reports of explosions in the Iranian city of Isfahan believed to be an Israeli attack. Brent crude futures for June delivery rose by 1.89% or $1.60 to $88.76 a barrel at 09:01 am Makkah Time.

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The US Air Force successfully tested an AI-controlled fighter jet in dogfight against human pilots

The US Air Force successfully tested an AI-controlled fighter jet in dogfight against human pilots

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Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. What just happened? In what has been hailed as a milestone moment for artificial intelligence’s use in the military, the US Air Force has announced that it successfully tested a modified, AI-controlled fighter jet in a dogfight against human pilots last

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USD/INR strengthens amid Iran airport attacks and oil prices rise

USD/INR strengthens amid Iran airport attacks and oil prices rise

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Indian Rupee gathers strength on Friday despite geopolitical tension risks, renewed USD demand.  The fear of a wider conflict between Israel and Iran might cap the INR’s upside. Investors await the RBI Monetary Policy Committee (MPC) Meeting Minutes, which are due on Friday. Indian Rupee (INR) rebounds on Friday despite geopolitical fears and foreign fund

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Oil Prices Slip as Investors Eye Israel’s Response to Iran Strike

Oil Prices Slip as Investors Eye Israel’s Response to Iran Strike

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Oil prices have experienced a slight decrease for the third day in a row, after reaching a six-month record. Investors have seemingly shrugged off fears of a wider Middle East war disrupting supplies. Brent crude, the international benchmark, fell by 3.03% to $87.29 per barrel for June. Meanwhile, West Texas Intermediate, the U.S. marker, dropped

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Oil prices surge, world leaders call for calm amid fear of escalation following Israeli strike in Iran

Oil prices surge, world leaders call for calm amid fear of escalation following Israeli strike in Iran

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Illustration: View of the oil refineries of Haifa, Israel, and the industrial area, on May 5, 2017 (Photo: Yaniv Nadav/Flash90). A large number of world leaders warned against an escalation regarding the situation in the Middle East on Friday after Israel struck an Iranian military site in the city of Isfahan earlier in the morning.

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Oil set to end the day unchanged with tit for tatt ramping up between Israel and Iran

Oil set to end the day unchanged with tit for tatt ramping up between Israel and Iran

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WTI Oil sell-off gets nearly fully erased at the start of the US trading session.  Oil prices earlier broke below the pivotal $83.34 level, heading abck to $82.00 The US Dollar Index pops back above 106.00 on upbeat Jobless Claims data.  Oil prices are erasing earlier losses after harsh rhetoric from Iran which said it is

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