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Express News | American energy company officially announced the expansion of the centrifuge factory, aiming to reduce dependency on imported nuclear fuel.
Crude oil product: WTI falls, usa inventory data bearish, causing the rise driven by geopolitical risks to stall.
Crude oil fell, us energy crude oil inventory data bearish oil prices, halting the two-day rally caused by escalating tensions. WTI crude oil futures fell by 0.7%, settling below $69 per barrel. Previously, oil prices rose as Ukrainian armed forces launched British cruise missiles at military targets inside Russia for the first time, prompting Russia to increase nuclear retaliation threats. Following the announcement by the Energy Information Administration (EIA) last week of a 0.545 million barrel increase in US crude oil inventories and a 2.05 million barrel increase in rbob gasoline inventories, oil prices lost momentum. Nevertheless, the geopolitical situation remains a focal point. Russia stated its readiness to engage with
Express News | US Energy Information Administration (EIA): US EIA crude oil product inventories increased by 0.545 million barrels last week, Bloomberg users expected a decrease of 0.62 million barrels, analysts anticipated a decline of 0.04917 million barrels, and the
Express News | US energy security envoy Hochstein will travel to Israel in a few hours to attempt to end the ceasefire negotiations.
Express News | Market news: us energy security envoy Hochstein will arrive in Israel on Wednesday night.
Express News | Survey: Last week, crude oil and rbob gasoline inventories in the USA may have increased, while distillate inventories decreased.
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