Sinopec Strikes 100M-Tonne Shale Oil Jackpot in Sichuan Basin!
Sinopec’s Qiluye-1 well taps a 100M-tonne shale oil reserve in the southern Chinese mainland, launching a new era of energy exploration in the Sichuan Basin.
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Putin: U.S. Oil Sanctions Are ‘Unfriendly Act’ But Won’t Hurt Economy
Putin calls new U.S. sanctions on Rosneft and Lukoil an “unfriendly act” but says Russia’s economy remains strong as oil prices could rise.
Oil Slips 📉 as IEA Boosts Supply Forecast Ahead of Trump-Putin Meet
Global oil prices fell as the IEA raised its supply forecast, with Brent at $65.67 and WTI at $62.64 ahead of the Trump-Putin meeting in Alaska.