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Record Resources Highlights Production Potential at Gabon's Loba Oil Field | TSX-V:REC
JPMorgan warned: If the Strait of Hormuz does not fully resume operations until July, oil prices could soar to $120.
①JPMorgan recently stated that if shipping through the Strait of Hormuz does not fully resume until July, international oil prices may retest the peak level of nearly $120 per barrel seen during this round of U.S.-Iran tensions. ②The bank noted that current market pricing reflects expectations for a swift recovery in shipping through the Strait of Hormuz: traffic is expected to return to half of normal levels by May and fully recover by June.
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Record Resources Fast-Tracks Loba Appraisal With Legacy 3D Seismic Reprocessing in Gabon
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Record Resources Eyes Options to Unlock Value From Ontario Natural Hydrogen Assets | TSX-V:REC