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Oil Prices Remain Bullish Amid Tight Distillate Market

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Topics:
Oil Futures and Derivatives, Oil Prices, Oil Products, Oil Supply, Refining, Oil Products, Diesel/Gasoil, Jet Fuel
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Nigeria has renewed five deepwater oil leases with industry heavyweights such as Exxon Mobil, Chevron, TotalEnergies, Shell and Equinor.
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Replacing gas-fired power with a mix of renewables and battery storage could unleash a host of nearly insurmountable unintended consequences.
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Brent for October delivery settled $3.05 lower at $95.10/bbl, while September WTI closed down $2.67 at $89.41/bbl.
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