Oil slipped after producers started bringing output back online after Storm Francine passed, though futures still headed for their first weekly gain in a month as the disruptions and risk-on sentiment in wider markets helped ease a previously oversold crude market.
The DOE-sponsored program brings together more than 100 entities from the geothermal and oil and gas sectors to build the future of cross-industry collaboration.
For the first time in two decades, China no longer looks like the engine driving global crude demand, which is uncharted waters for many of the traders and executives that gathered for the APPEC oil conference in Singapore this week.
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