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Opinion: Is Russia Plotting To Bring Down OPEC?

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According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 in 2015 and 2016 respectively). in 2015 and 2016 respectively). percent of GDP in 2014.

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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

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oil analyst cited in this article, who has tracked oil companies’ budgets for many years, estimates that Aramco and its Kuwaiti and UAE counterparts will increase their investment in oil exploration and production in 2015 by 4.5 as the drop in oil prices over the last year has put a strain on the nation’s finances.". percent to $38.1

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Day Of Reckoning For US Shale Will Have To Wait

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Maintaining access to finance can come at a price. Bond markets have essentially been ruled out as a new source of finance for high-yield producers. Moody’s sees global oil production rising by 1 million barrels per day in both 2015 and 2016. It is not a total win for the companies that are trying to hang on.

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. For Iran, the only other OPEC country for which the IEA provides domestic demand data, the increase in exports, 0.7 percent in 1H 2015. billion vs. $1.6 billion) and $1 billion ($2.5

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

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Maintaining access to finance can come at a price. Bond markets have essentially been ruled out as a new source of finance for high-yield producers. Moody’s sees global oil production rising by 1 million barrels per day in both 2015 and 2016. It is not a total win for the companies that are trying to hang on.

Oil 150
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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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In December 2014, the Saudi government approved spending $229 billion in 2015, resulting in an estimated deficit of $39 billion, or some 5 percent of GDP. As mid-year 2015 approached, the IMF estimated the budget deficit would equal approximately 20 percent of Saudi GDP. percent in 2015, and then just 2.7 percent in 2014 to 3.3