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The historic agreement of (OPEC+) .. will it save the markets from the collapse of oil prices?

The OPEC Plus group succeeded in reaching a historic agreement to rebalance the oil markets and stop the collapse in oil prices.   The group had reached the agreement a few days ago in a...

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The United States may have to impose tariffs on oil imports if prices continue to decline

Oil prices in world markets have fallen to about $20 a barrel, the lowest level in the past two decades. The sharp decline in oil prices is attributed to the spread of Corona virus (Covid-19) and the...

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Overview of the LNG Latin American market

Natural gas is the purest and cleanest fossil fuel that exists, it generates fewer emissions than other fossil fuels, making it an environmentally friendly fuel, it has approximately 30% less carbon...

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Oil prices jump to $70 a barrel due to tension in the Gulf region

As tensions between the United States and Iran escalated, oil prices jumped to more than $70 a barrel. The immediate rise in prices was among the biggest jumps since the attack on Aramco oil...

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ExxonMobil Looks to Dump $25 Billion in Oil and Gas Assets

21.11.2019: ExxonMobil is working to increase its asset sale program significantly, and is expected to give up oil and gas assets in Asia, Europe and Africa, worth up to US $ 25 billion, in order to...

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