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The 5 Countries That Could Push Oil Prices Up

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The ‘Fragile Five’ petrostates—Iran, Iraq, Libya, Nigeria and Venezuela—continue to see supply disruption potential, with northern Iraq crude exports at risk due to an escalation of tensions between the (Kurdistan Regional Government), Baghdad and Turkey, while the United States has decertified the 2015 Iran nuclear deal,” U.S.

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IEEE Foundation Celebrates 50 Years of Philanthropy

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As the IEEE Foundation marks its 50-year anniversary, the global need for sustainable development, Internet access, STEM education and inspiring a new, diverse generation of technologists to take up such worthy endeavors has never been greater,” Ralph Ford , the Foundation’s president, said in a news release about the anniversary. “I

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The Richer They Get, the More Meat They Eat

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We are told that “much of the world is trending towards plant-based eating,” and it is expected that the global demand for that diet will nearly quintuple between 2016 and 2026. Of all the populous nations, only Bangladesh, India, Ethiopia, and Nigeria continue to eat very little meat.

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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

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The skepticism shown by a majority of financial analysts and oil commentators about the real threat to global oil (and gas) production volumes was countered by the news that the production at Saudi Aramco’s main offshore oil field, Manifa, has been hit by technical problems. Amin Nasser’s aim is to go beyond global oil markets.

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US Shale Is Now Cash Flow Neutral

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The US dollar is at its strongest level in nearly a decade, which will weigh on global crude oil demand. On top of that, disrupted output from Libya and Nigeria—two countries not subjected to the OPEC cuts—could begin to come back. Link to original article: [link]. Of course, OPEC cheating is a possibility.

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Opinion: The Current Oil Price Rally Is Reaching Its Limits

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Moreover, supply outages in places like Iraq and Nigeria have also knocked at least a quarter of a million barrels per day offline, an unexpected disruption that put upward pressure on prices in March. Article Source: [link]. That has sparked a renewed sense of optimism among oil traders. More output is bearish.”

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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 from a market for Russian crude and natural gas (via LNG) to a global competitor. percent of GDP in 2014.

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