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Saudi Arabia And Iran Reignite The Oil Price War

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The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil. by Tsvetana Paraskova for Oilprice.com.

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Opinion: Everyone Is Guessing When It Comes To Oil Prices

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Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

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Saudis Expand Price War Downstream

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The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil. In case of Saudi Arabia, the price of crude oil would be extremely low. Is Saudi Arabia likely to win a potential price war against Asian producers of diesel? By offering almost 2.8

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IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

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A new map of LNG is taking shape as 2021 became the year of rapid recovery, making the oversupply and price lows of 2020 seem like a distant memory. Spot LNG prices have soared past previous records. MMt), followed by South Korea at 46.4 increase or 12.3 Japan fell to second place at 75.0 increase or 0.2 increase or 5.6

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Hyundai Heavy begins exporting LNG engine

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The Ulsan, South Korea-based company will first export the engine to an onshore gas-powered power plant in the Middle East after final paint and packing work. Due to high oil prices and strengthening regulations on emissions, the demand for gas engines is increasing.

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Survey finds LNG-fueled ship orders up 26% in six months

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High oil prices, impending emissions regulations and technical advancements are propelling the market faster than we expected. Currently projects underway in Belgium, Sweden, Finland, South Korea, Singapore, Japan and elsewhere have made efforts to offer LNG bunkering and incentives to support LNG-fueled marine technology.

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Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

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The index compares the development of e-mobility in seven leading car-manufacturing nations (Germany, France, Italy, US, Japan, China and South Korea) on the basis of three parameters: technology, manufacturing, and market. Extracting oil by fracking could stabilize the oil price over the next few years.