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U.S. Shale Majors Prioritize Debt Reduction and Shareholder Returns Over Production Growth Amidst High Oil Prices

U.S. Shale Majors Prioritize Debt Reduction and Shareholder Returns Over Production Growth Amidst High Oil Prices

U.S. Shale Majors Prioritize Debt Reduction and Shareholder Returns Over Production Growth Amidst High Oil Prices
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U.S. Shale Majors Prioritize Debt Reduction and Shareholder Returns Amidst Higher Oil Prices

U.S. Shale Majors Prioritize Debt Reduction and Shareholder Returns Amidst Higher Oil Prices

U.S. Shale Majors Prioritize Debt Reduction and Shareholder Returns Amidst Higher Oil Prices
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New Syria-Iraq crude pipeline still years away, sources say

New Syria-Iraq crude pipeline still years away, sources say

By Timour Azhari, Feras Dalatey and Sheila Dang RIYADH/DAMASCUS/HOUSTON, Aug 17 (Reuters) - Iraq's plans to export oil via a pipeline through Syria to avert future disruptions in the Strait of Hormuz will likely require four years of construction and cost at least $15 billion, sources with knowledge
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Oil edges up on uncertainty over exports through Hormuz

Oil edges up on uncertainty over exports through Hormuz

Aug 19 (Reuters) - Oil prices ticked higher in early trade on Wednesday, climbing for a fourth straight day on supply uncertainty as investors weighed conflicting messages from Tehran and Washington on whether the Strait of Hormuz is open to ships. 
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US to announce steps to help refiners produce more fuel, energy chief Wright says

US to announce steps to help refiners produce more fuel, energy chief Wright says

By Sheila Dang MIDLAND, Texas, Aug 17 (Reuters) - U.S.
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Oil climbs as fading US-Iran peace hopes raise supply risks

Oil climbs as fading US-Iran peace hopes raise supply risks

By Ishaan Arora Aug 18 (Reuters) - Oil prices rose on Tuesday as a deal to end the Middle East war seemed further out of sight with Iran saying it will adopt a more offensive stance and the U.S. ruling out extending a ceasefire agreement, heightening worries about energy supply.
Reuters Reuters
Nasdaq futures gain as tech stocks climb

Nasdaq futures gain as tech stocks climb

Aug 17 (Reuters) - Nasdaq and S&P 500 futures rose on Monday, boosted as a strong revenue forecast from AI leader Anthropic supported technology stocks, while investors weighed the prospect of fewer interest-rate hikes against Middle East tensions.
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Oil prices at near three-week high as US-Iran peace hopes fade

Oil prices at near three-week high as US-Iran peace hopes fade

By Robert Harvey LONDON, Aug 18 (Reuters) - Oil prices traded slightly higher for a third session on Tuesday as prospects receded for a deal to end the Middle East war, with Iran saying it would adopt a more offensive stance and the U.S. ruling out extending a ceasefire deal, heightening worries
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Wall Street hangs near its records

Wall Street hangs near its records

U.S. stocks are drifting near their record heights
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President Trump Threatens to Bomb Oman Over Strait of Hormuz Talks

President Trump Threatens to Bomb Oman Over Strait of Hormuz Talks

President Trump has issued a threat to launch strikes against Oman if it obstructs ongoing discussions between Washington and Tehran regarding the Strait of Hormuz. This statement was made in an interview with Fox News as the June US-Iran memorandum of understanding expired. The memorandum had given both nations 60 days to finalize a deal. Iran and Oman have been engaged in talks to establish a secure passage for commercial shipping through the Strait, a critical chokepoint for global oil and gas transit. Iranian Foreign Minister Abbas Araghchi indicated that negotiations were in their 'final stages,' but stressed that reopening the Strait depended on additional 'conditions.' Iranian Foreign Ministry spokesperson Esmaeil Baghaei confirmed that talks are continuing, with an 'understanding' reached on the 'navigation route map' for the Strait, which handles approximately a quarter of the world's seaborne oil trade. Despite these diplomatic efforts, President Trump has consistently asserted US control over th...
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Oil hangs onto gains as US-Iran peace talks stall, Hormuz shipping slows

Oil hangs onto gains as US-Iran peace talks stall, Hormuz shipping slows

By Sethuraman N R and Florence Tan NEW DELHI/SINGAPORE, Aug 17 (Reuters) - Oil prices were mostly steady on Monday, maintaining gains made last week, as prospects for a lasting U.S.-Iran peace deal appear increasingly remote and fears of supply disruptions in the Strait of Hormuz are ever present.
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Asian shares mark time as Gulf war keeps oil prices up

Asian shares mark time as Gulf war keeps oil prices up

By Stella Qiu SYDNEY, Aug 17 (Reuters) - Asian shares drifted sideways on Monday while investors kept a wary eye on oil prices, which notched sizeable gains last week as the lack of progress towards ending the Iran war kept inflation risks tilted to the upside.