Finance News – Oil Sector
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Visual analysis: GPS interference raises risk of accidents in Strait of Hormuz
The disruption of navigation signals near a strategic maritime route may lead to increased operational costs and insurance premiums for shipping companies due to heightened safety...
Read Full Article →Brazil to auction oil exploration rights months before hosting Cop30
The upcoming auction of extensive offshore oil and gas blocks in Brazil is expected to generate substantial revenue, influencing energy investments and economic dynamics ahead of t...
Read Full Article →Energy fund managers make bigger wagers on gas stocks as oil stumbles
Investors in energy-focused funds are increasingly allocating capital to natural gas companies, anticipating potential shifts in market dynamics and possible consolidation within t...
Read Full Article →Fossil fuel spending to fall for first time since pandemic
Global investments in energy resources are expected to decrease, particularly within the oil industry, as reduced market prices prompt businesses to adjust their financial strategi...
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