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

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If you are the world’s leading energy economy, you produce energy, that’s what you do.”. “A 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 percent to $38.1

Oil 150
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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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The UAE includes data for three SWF funds only: Abu Dhabi Investment Authority ($773 billion), Abu Dhabi Investment Council ($110 billion), and Investment Corporation of Dubai ($183 billion)). percent in 2016. million barrels per day in 1H 2015, in part because as Russia's economy contracted, reducing domestic crude demand to 3.47

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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. They pose an existential threat to the industry and therefore to the Russian economy: The revenues Russia can earn from its crude and natural gas exports face intense pressure. in 2015 and 2016 respectively). billion respectively).

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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percent in 2016. National oil producers can and are shifting the cost of the lowered prices to other sectors of the economy. million), and its allies, UAE (2.87), Kuwait (2.8), and Qatar (.67), The Financial Times quoted analysts as estimating the Saudi budget deficit in 2015 at $130 billion. percent in 2014 to 3.3