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Hedge fund expects Opec+’s control will allow cartel to define where prices go in the next 12 months
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...The energy sector is interesting. Energy stocks are always inexpensive relative to the market because the earnings of the sector are so cyclical....
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
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...The takeover is an acid test for the country’s energy transition....
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...The International Energy Agency this year found the global energy industry was responsible for 135mn tonnes of methane emissions in 2022, only slightly below record high levels of 2019....
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...The revelation has intensified concerns over the future of the heavily indebted company that supplies water to the population of London and beyond....
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