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Opinion: Is Russia Plotting To Bring Down OPEC?

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Energy is the foundation of Russia, its economy, its government, and its political system. Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ).

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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

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In spite of further challenges resulting from the diesel issue and the persistently difficult conditions in vehicle markets such as Brazil and Russia, the Group delivered 10.3 from 9.931 million in 2015. million vehicles to customers worldwide in the past fiscal year—up 3.7%

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Hyundai and Kia make €100M strategic investment in Arrival to co-develop electric commercial vehicles

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Founded in 2015, Arrival has production plants and R&D centers in the US, Germany, Tel Aviv, Russia and the UK. In September 2019, Hyundai and Kia also invested in IONITY, Europe’s largest high-power electric vehicle charging network, and set the stage for sales expansion of EVs within Europe.

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Volkswagen Group outselling GM in China

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The Volkswagen Group is having a very strong sales year so far in China. to 382,300 units compared to September 2015. The positive delivery performance in Poland and the Czech Republic in particular offset the slight decline in Russia (-2.5%). —Jürgen Stackmann, Volkswagen Brand Board Member for Sales.

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Is A Second OPEC Cut In The Cards?

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Inventories at end-December were below 3 billion barrels for the first time since December 2015. The contango has been steadily shrinking, and the futures curve suggests that the market is tightening , which could help to draw down excessive storage that has been kept for sale at a later date. Global oil supplies plunged nearly 1.5

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Ford launching major new product push in Europe; fuel economy and 1.0L EcoBoost engine; first Ford full hybrid car for Europe

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By 2015, there will be more than 3.5 The total European car and CV market, including Russia, is expected to grow 20 percent in the next five years to 23 million vehicles. In North America, the all-new Transit and Transit Connect are scheduled to go on sale by the fourth quarter of 2013. and planned for sale in 2014.

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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

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The US market will experience single digit growth, primarily due to the relatively strong year for sales in 2011, and the effects of the weak economy that will continue to impact new vehicle demand through most of 2012. Polk expects light-duty vehicle sales in the US to grow at a moderate pace, with a 7.3% Source: Polk.

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