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IEA: key oil trends 2018

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in 2018 compared to 2017, reaching a record total monthly production of over 100 million tons at the beginning of the year and remaining above this for almost all of 2018, according to the IEA. Production from the United States rose to a record high in the third quarter of 2018, and increased by 17.1%

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Eni report: global oil reserves and oil production up in 2018 due to US

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In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. OPEC registered zero growth as production in the Arab Gulf countries were offset by losses in Iran and Venezuela due to geopolitical issues. 2018 recorded an overall growth in oil production of 2.5 also rose in Brazil and Norway.

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The Saudi Dilemma: To Cut Or Not To Cut

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To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year’s December OPEC meeting. In spite of reservations expressed by Nigeria and Libya, if Saudi Arabia managed to convince everyone to cut amid the major tensions with Iran ahead of the U.S.

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Tomorrow’s AI Will Reason Like Humans, IBM Watson Developer Predicts

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When David Nahamoo was a high school student in Iran, he wanted to pursue a career in mathematics or physics. But after talking over career options with his friends, he says, he was "pointed in the direction of a good career in Iran" and instead decided to become an electrical engineer. WHAT IS: IBM WATSON. SWITCHING GEARS.

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How the Huawei Fight is Changing the Face of 5G

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US sanctions targeting China's telecommunications giant Huawei Technologies have crippled the company, effectively forcing it out of the global smartphone market and now threatening its domestic phone business as well. They have also shrunk Huawei's market for fifth-generation wireless network infrastructure around the world.

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