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Venezuelan oil

The US government will allow Italian oil companies Eni SpA and Spanish Repsol SA to start shipping Venezuelan oil to Europe as a way to offset Russian crude starting next month. The US State Department authorized the two companies to resume shipments through a letter issued last month. However, the…
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Oil price rebounds and exceeds 40 dollars

The price of oil registered a further increase, thus reaching its highest level since the beginning of March, just before the pandemic spread massively in Europe and the 'black gold' registered negative prices for the first time in its…