Oil Rallies On Stimulus Hopes
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Oil prices climbed higher at the start of the week due to an oil strike in Norway, stimulus talks in the U.S. congress and a hurricane in the Gulf of MexicoChart of the Week- U.S. natural gas production, consumption, and gross exports all set new records in 2019.- Production rose by 10 percent to 93.1 bcf/d, consumption was up 3 percent, and exports were up by 29 percent to 12.8 bcf/d.- Texas saw its gas production rise by 15 percent, rising to 22.2 bcf/d. Pennsylvania’s output rose by 10 percent…
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