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Despite some temporary hiccups, oil prices are supported by improving fundamentals. This has helped the likes of DVN, MRO, FANG, OXY, COP and EOG notch up healthy year-to-date gains.
Weekly figures from EIA show that domestic crude output has dropped to 10.7 million barrels per day, since reaching 13.1 million in the second week of March.
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In 2000, McGraw-Hill merged Platts with other like assets to turn the company into a provider of energy information. [4] In 2016, when McGraw-Hill changed its name to S&P Global, the Platts division was renamed S&P Global Platts. Platts' first significant acquisition came in 2001, when it acquired FT Energy. [7]
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The federal government's EIA report revealed that crude inventories rose by 3.1 million barrels, compared to the 1.3 million barrels increase that energy analysts had expected.
U.S. Energy Information Administration: World Crude Oil Prices Archived 2008-11-10 at the Wayback Machine; BP Crude Grades; Intertek: Crude Oil Grades and Types; MeGlobalOil: Carriage of Heavy Grade Oil; Statoil.com: Crude oil assays; EnergyIntel.com: The Crude Oils and their Key Characteristics; Capline system crude oil properties and quality ...
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