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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. As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense. percentage points.

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

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By 2017, the company says it will cease deepwater exploration and will sell off its offshore leases that it does not plan on developing. 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. Conoco has the rights to 2.2

Oil 150
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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The largest increase in oil production comes from Iraq, followed by Saudi Arabia, Brazil, Kazakhstan and Canada. Key challenges for Russia are to finance a new generation of higher-cost oil and gas fields and to improve its energy efficiency. Biofuels supply triples to the equivalent of more than 4 mb/d, bolstered by $1.4

Oil 247