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Russian Energy Minister Alexander Novak told CNBC that Moscow will be fully compliant with OPEC-led supply cuts over the coming weeks.
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Texas Republican Sen. John Cornyn calls New York Rep. Alexandria Ocasio-Cortez's Green New Deal a 'solution in search of a problem' at the CERAWeek energy conference in Houston.
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Government officials and executives from the U.S. and Europe square off in tense debates over the Nord Stream 2 pipeline at a major energy conference.
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The Permian Basin is booming and pipeline projects are expected to add millions of barrels to supply in the years to come. Couple that with a low-yield world and investors keep heading back to risky oil and gas MLPs for income.
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A nationwide power failure in crisis-stricken Venezuela could trigger "serious disruption" to the oil market, the IEA warned on Friday.
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Oil companies drilling in shale basins like the Bakken have cut back on spending to increase return to shareholders as oil prices are pressured, but investors are punishing the stocks anyway, since it is leading to lower production-growth forecasts.
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Amazon thinks that volatile price swings in the boom-and-bust oil business are a perfect match for its web services cloud computing division.
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Perry's stance clashes with comments made by other members of his administration — including his boss, President Donald Trump.
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A State Department official on Iran says the oil market supply forecast for 2019 will exceed demand globally this year by 400,000 barrels, giving the U.S. more room to be aggressive on sanctions and try to take Iranian crude supply to zero.
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OPEC is seeking to change the way Americans think about the group, under threat of anti-OPEC legislation in Congress.
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