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U.S. Oil And Gas Jobs See First Gains In 2 Years

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follow the latest news and price to oil from different sites most famous technicals /Henning Gloystein by 2017-01-11 at 20:58

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Oil steady after U.S. storage data sends mixed signals

Oil steady after U.S. storage data sends mixed signals*/

– Crude oil drips from a valve at an oil well operated by Venezuela’s state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas April 16, 2015.REUTERS/Carlos Garcia Rawlins/File PhotoSINGAPORE Oil prices were steady early on Thursday after U.S. crude and refined product stocks sent mixed messages to the market, with ongoing uncertainty over OPEC compliance with planned output reductions also in focus.U.S. West Texas Intermediate (WTI) crude oil futures CLc1 were trading at $52.24 a barrel at 0040 GMT, virtually unchanged from their last settlement.
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U.S. Oil And Gas Jobs See First Gains In 2 Years

U.S. Oil And Gas Jobs See First Gains In 2 Years*/

– Rising rig counts and an uptick in drilling activity is leading to a rebound in employment in the oil and gas industry, according to recent data.Payrolls in the oil and gas sector in the United States rose for the month of November, recent U.S. government data shows, the first monthly gain in over two years.Employment in oil and gas extraction and support services rose by 3,300 for the month, rising to 384,300.
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Oil Climbs Most in Six Weeks After Record U.S. Refinery Runs

Oil Climbs Most in Six Weeks After Record U.S. Refinery Runs*/

– Oil increased the most in almost six weeks after a government report showed U.S. refiners processed a record amount of crude last week.The most important market news of the day.Get our markets daily newsletter.
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EIA Sees 2017 U.S. Oil Output Rising By 110,000 Bpd

EIA Sees 2017 U.S. Oil Output Rising By 110,000 Bpd*/

– The Energy Information Administration said in its latest Short-Term Energy Outlook that crude oil production in the U.S. this year will average 9 million barrels daily, or 110,000 bpd more than last year.The figure is a substantial upward revision on the 80,000-bpd decline that the EIA forecast in the December edition of the Short-Term Energy Outlook.What’s more, the prospects for 2018 are also rosy, production-wise, with output seen to rise further to 9.3 million barrels daily, with domestic demand averaging 20.22 million bpd in 2018, up by 370,000 bpd from 2017.
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