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• US drillers add most oil rigs in a week since March
  Reuters: U.S. energy firms this week added the most oil rigs since March, boosting...

  Reuters: U.S. energy firms this week added the most oil rigs since March, boosting the oil and gas rig count for the first time in four weeks.

  
  

  The total oil and gas rig count, an early indicator of future output, rose three to 622 in the week to Oct. 13. Despite this week's rig increase, Baker Hughes said the total count was still down 147, or 19%, below this time last year.

  
  

  Oil rigs rose by four to 501 this week, while gas rigs fell by one to 117.

  
  

  U.S. oil futures were up about 8% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 28% so far this year after rising about 20% last year.

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• Stocks find small weekly gains as Israel-Gaza conflict intensifies
  U.S. stocks closed mostly lower Friday, but the...
  U.S. stocks closed mostly lower Friday, but the Dow Jones and S&P 500 posted weekly gains, as the Israel-Gaza war appeared to escalate heading into the weekend. The Dow Jones Industries DJIA rose about 39 points, or 0.1%, on Friday, ending near 33,670. The S&P 500 Index SPX fell 0.5% and the Nasdaq Composite Index COMP closed 1.2% lower. The S&P 500’s energy segment outperformed Friday, gaining 2.3%, as U.S. benchmark crude surged nearly 6% after Israel ordered more than a million people in Gaza to evacuate to the south. Treasury yields fell, with the 10-year Treasury TMUBMUSD10Y rate retreating to 4.628% Friday, snapping a 5-week yield climb.
  
  
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• Closing Oil & Gas Prices for Friday
  Benchmark U.S. crude oil for November delivery...
  Benchmark U.S. crude oil for November delivery rose $4.78 to $87.69 a barrel Friday. Brent crude for December delivery rose $4.89 to $90.89 a barrel.
  
  Wholesale gasoline for November delivery rose 10 cents to $2.27 a gallon. November heating oil rose 17 cents to $3.21 a gallon. November natural gas fell 10 cents to $3.24 per 1,000 cubic feet.
  
  
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• Exxon Saddled With Oil Tanker That US Sanctioned on Thursday
  (Bloomberg) -- Exxon Mobil Corp. is the current...
  (Bloomberg) -- Exxon Mobil Corp. is the current charterer of a tanker that was sanctioned by the US Treasury Department on Thursday for a previous breach of a Western cap on Russian oil prices, underscoring the scope such actions have to disrupt the tanker industry.
  
  The Yasa Golden Bosphorus is currently carrying cargo toward the US port of Houston, where it’s due to arrive on Tuesday, according to tanker tracking data compiled by Bloomberg. Its breach of sanctions happened months ago and didn’t involve the US oil major. READ MORE
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• Global Knife Attack Frenzy as Hamas ‘Day of Rage’ Gets Underway
  Frenzied knife attacks were reported in ...
  Frenzied knife attacks were reported in China and France on Friday after Hamas called for the 13th to be a global “day of rage” in response to the group’s ongoing war with Israel.
  
  The call for a “day of rage” has prompted security alerts all over the world with Jewish schools and synagogues from Palo Alto to London and Aukland closing for the day while the American authorities increased security measures in major cities and at the U.S. Capitol.
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