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WNA: global nuclear generation nears record high in 2019

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In 2020 the world’s nuclear reactors have shown resilience and flexibility, adapting to changes in demand while ensuring stable and reliable electricity supplies. GWe started supplying electricity, compared to an average annual objective for 2016-2020 of 10 GWe. Six reactors, with a combined capacity of 5.2

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What Does The Next OPEC Meeting Have In Store?

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The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. OPEC interactions have become a direct altercation between Saudi Arabia and Iran, with the remaining members reduced to mere observers. There will always be a need for additional production.

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The 5 Countries That Could Push Oil Prices Up

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Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. The most near-term supply risk comes from Iraq. The danger to Iran is a return of U.S. Iran probably won’t pose a supply risk to the market, at least not this year. bank Citi said.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Russia supplied about 30 percent (146.6 The decision also has impacted natural gas export prices negatively, since, for Russia's long-term supply agreements, they wholly or partially are indexed to oil prices. in 2015 and 2016 respectively). in 2015 and 2016 respectively). mmbbl/day) in 2013. Death by Energy.

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Day Of Reckoning For US Shale Will Have To Wait

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In fact, Jeffries sees the spring of 2016 as a more critical deadline for struggling drillers hoping to keep their credit lines open. “We Moody’s Investors Service sees the contraction as too little to make a significant dent in the global supply gut. The ratings agency cut its forecasted oil price for 2016 to just $48 per barrel.

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Opinion: The Current Oil Price Rally Is Reaching Its Limits

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American oil companies have gutted their budgets and have put off drilling plans, with many projecting absolute declines in 2016. 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.

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

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Then again, there is a question about whether or not shale can really be a major source of supply over the long-term. By the 2020s, the IEA says, the world will once again be dependent on traditional sources of supply—largely from the Middle East. The ratings agency cut its forecasted oil price for 2016 to just $48 per barrel.

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