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Nov 2, 2017 ... The IMF thinks the Saudis need at least $70 crude to fully fund its 2018 budget. ... |
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Nov 2, 2017 ... told the agency that the cartel faces a likely supply drop from Venezuela next year, but that doesn't mean it will raise output elsewhere to compensate.
Dovetailing these remarks is the ... |
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Oct 27, 2017 ... minister for the Saudis, in early November (however, Novak also promised that if an extension isn't agreed upon, his country will increase its oil output by 3.5-4.0 million tonnes in ... |
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Oct 26, 2017 ... energy takes a major share in the energy mix."
Nasser even went so far as to claim he wasn't worried at all about the future growth of U.S. shale: he said the market can absorb the ... |
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Oct 20, 2017 ... delivered on Thursday by Mohammad Barkindo, secretary general for OPEC; however, he said it wasn't clear if the decision to extend for a further nine months would be made on November 30 and ... |
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Oct 19, 2017 ... that the market impact will be short lived: Jason Gammel, equity research analyst at Jeffries, doesn't even think the removal of 600,000 barrels per day of Kurdish crude will propel prices to a ... |
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Oct 17, 2017 ... remains high uncertainty on potential reintroduction."
Goldman also noted that if the U.S. doesn't get support from other countries for its hard-line stance, it is unlikely production in Iran ... |
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Oct 16, 2017 ... 384.
Pioneer Natural Resources, a leading producer in the Midland sub basin, believes "$50 oil isn't going to get it done" because it doesn't generate enough cash flow and the industry has too ... |
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Oct 16, 2017 ... of oil is used for transportation.
"I mean, 120 years ago the world didn't live on oil; oil hasn't always driven the global economy… the point is alternative energy in some forms is gathering ... |
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Oct 11, 2017 ... friends, in the shale basins of North America, to take this shared responsibility with all seriousness it deserves, as one of the key lessons learned from the current unique supply-driven ... |