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...“Oil and natural gas are projected to remain essential parts of the energy supply mix in coming decades across a broad range of transition scenarios....
...While expanding oil and gas markets is an unequivocal reason of state for Putin, it is not in Washington....
...The increased supply helped to douse global oil prices despite efforts by Saudi Arabia and the Opec+ producer group to prop up the market through supply cuts....
...Oil prices yesterday rose above $90 a barrel to settle at their highest closing price since October as renewed tensions in the Middle East sent tremors through markets....
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...The next four crude cargoes will be supplied by the state-owned oil company the Nigerian National Petroleum Corporation (NNPC) in “two to three weeks” and ExxonMobil will supply the last of the initial six...
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...“[It] is amazing to me,” he said, forecasting higher oil prices ahead if global growth picks up due to imbalances between supply and demand....
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...“The US says that they can help Europe with their security of supply,” Pouyanné said. “Let’s negotiate that agreement.”...
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