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More Job Losses Coming To US Shale

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With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. But with rising negative sentiment pertaining to oil prices, is U.S.

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Opinion: Global Oil Supply More Fragile Than You Think

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Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. told the WSJ. “

Oil 150
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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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DNV GL expects LNG uptake to grow quickly in the next 5 to 10 years, first on relatively small ships operating in areas with developed gas bunkering infrastructure, where LNG prices are competitive to HFO (heavy fuel oil) prices. Ship electrification and renewables.