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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. According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 Live by Energy….

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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: The End Of An Era: Is The US Petrodollar Under Threat?

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Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Other OPEC members agreed to similar deals, ensuring perpetual global demand for greenbacks.

Russia 225
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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

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Global Supply and Demand Fundamentals Continue to Worsen. This is part of overall weak demand in a global economy that has been severely weakened by debt. With Iran poised in early 2016 to add almost as much oil as the amount of the US production decline to date, the outlook for tight oil producers could not be worse.

Oil 150
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Strong Dollar Could Cap Oil Prices

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Because China is a voracious consumer of commodities, including crude oil, the compounding effect of a slowdown in the Chinese economy and a weaker yuan creates new headwinds for the oil market. The oil supply outages in Venezuela, Libya and Iran could yet drive oil prices much higher. Link to original article: [link].