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Iraq is on track to produce nearly six million barrels of crude per day by 2030.
Read More »Iraq will Reduce Oil Production to Comply with OPEC Demands
OPEC Struggles to Detain Oil Price Decline
OPEC+ is expected to reaffirm its commitment to rebalancing the market at its September 12 meeting.
Read More »China’s Gas Demand Growth Rate will Slow in 2019
China last year and this year imposed tariffs on imports of the super-chilled fuel from the United States.
Read More »China Might Not Buy American Oil
U.S. crude oil exports in total are up nearly 50% over a 12 month period.
Read More »BP will Enter India`s Fuel Retail Market with Reliance Tie-up
In 2011 BP acquired a 30 per cent stake from Reliance in some of its exploration blocks.
Read More »Big Oil`s Energy Transition
Big Oil has been facing increased investor pressure to start addressing climate change risks and set emission reduction targets.
Read More »OPEC Design to Grasp Market Share from Shale
It looks like the cartel aims for higher oil prices now and will think of regaining market share later.
Read More »The US will Maintain Oil Production despite Low Energy Prices
U.S. production numbers are going to continue for quite some time.
Read More »Trade War Could Trigger a Global Financial Crisis
If the China-U.S. trade war continues to grow larger. it may cause the global economy to decline. and may cause a global financial crisis.
Read More »More Than 300 Boeing 737 Jets Could Have Parts Susceptible to Premature Failure
More than 300 Boeing 737 jets. including the Max. may have wing parts that could have been improperly manufactured and may not meet regulatory requirements for strength and durability.
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