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Oil Prices Running Out Of Reasons To Rally

Green Car Congress

Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in US shale production. The gains in the rig count come even as oil prices have held steady in the mid- to low-$50s per barrel. The pace and magnitude of each trend will ultimately drive oil prices one way or the other.

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Consortium developing green hydrogen megaproject in Oman

Green Car Congress

An international consortium comprising OQ, which is the Sultanate of Oman’s global integrated energy company, InterContinental Energy, the leading dedicated green fuels developer, and EnerTech, a Kuwait government-backed clean energy investor and developer, is developing an integrated green fuels mega project in Oman. trillion market by.

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Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

They said the deal would provide the startup with a significant cash runway while discussing an external round or strategic sale. However, it denied consideration of direct sales. The company ships to South Africa, Nepal, Kuwait, South America, and Sri Lanka. According to sources, three new models will be launched this year.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ). percent of GDP in 2014. Natural gas data from Gazprom). billion respectively).

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Landsat Proved the Power of Remote Sensing

Cars That Think

agricultural policy that removed restrictions on grain sales to the Soviet Union and China. Within a few months of the sales, however, global food prices soared by 50 percent, and U.S. The Soviets were capitalizing on a recent change in U.S. farmers estimated a profit loss of $462 million (about $3.2

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