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Equinor (EQNR) Extends North Sea Contract With Archer for 24 Months
Oil Prices Rise as Traders Continue to Bet on Market Tightening
The Wealthiest Person in Norway
Crude oil product closed unexpectedly high due to price constraints caused by unexpected increase in US oil inventories and worries of supply interruptions in the Middle East.
On Thursday (June 27th), due to increasing geopolitical tensions in the Middle East and Europe, the market is concerned about a possible global crude oil supply disruption. Meanwhile, unexpected increases in crude oil and RBOB gasoline inventories in the US put upward pressure on prices, and crude oil futures rose at the close on Thursday.
Schlumberger Lands Electric Subsea Project With Equinor In Norway: Details
European Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading