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Expectations for Opec-plus’ production policy in the third quarter and beyond are changing quickly as market conditions evolve. A month ago, it looked like Opec-plus could likely unwind 500,000-1 million barrels per day of existing oil production cuts in the second half without major market disruption. But with prices down and market signals casting doubt ...
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The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76 million after he eavesdropped on her work calls about the oil giant buying another company. The ex-husband, Tyler Loudon, also was sentenced to one year of supervised release after his prison term and fined ...