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Paxton's Impeach-peach Dance: Texas Republicans Turn Up the Heat

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Daily Bulletin

Futures Curve

Lone Star Stories

Texas Attorney General Ken Paxton faces an impeachment trial over 20 corruption charges, including aiding a donor and targeting whistleblowers, with the Republican-controlled state Senate deciding his fate. Despite Paxton's denial of wrongdoing and support from influential backers, a decisive vote in the Texas House and the potential Senate divide indicates a growing rift among the state's Republicans.

While expectations of extended supply cuts by OPEC and allies, including Saudi Arabia and Russia, bolstered oil sentiments, mixed oil prices were observed due to concerns about China's lagging post-pandemic recovery. China's service activity growth has slowed, challenging the world's second-largest economy, even as Saudi Arabia and Russia plan more oil cuts.

Reader Question of the Day

How is the oil industry working to enhance collaboration and knowledge sharing across different regions and companies?

The oil industry knows that sharing knowledge and working together can lead to big wins. One way they're doing this is through industry conferences and workshops. These events bring together experts from different companies and countries. It's like a big classroom where they share the latest discoveries, technologies, and best practices. Everyone gets to learn and take home new ideas to make their work better.

Another cool thing is the rise of digital platforms and databases. These online tools allow companies to share data, research, and insights in real-time. It's like a giant library where everyone can contribute and borrow knowledge. By using these platforms, companies can solve problems faster and innovate more, all while working together for a brighter energy future.

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