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The nation’s success in warding off a major outbreak during the Golden Week holiday in early October may boost optimism for locals preparing to travel back home during the Lunar New Year break. Source
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The speed of their recovery is causing anxiety for OPEC and allies such as Russia as they restrict global output to prop up crude prices. Libya is exempt from the cuts and currently supplies more oil than several of its OPEC peers. Source
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Oil has jumped 26% this month after signs that Covid-19 vaccines are imminent boosted expectations for a swift recovery in energy demand next year. However, while there are indications that Asian consumption remains healthy, Europe is still lagging. Source
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A clear majority of OPEC+ is expected to maintain their supply curbs at current levels for a few months longer due to lingering uncertainty about the strength of demand. However, the decision is by no means certain amid public complaints from Iraq and Nigeria, and private discord with the United Arab Emirates. Source
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Did Authorities Do Enough To Find Out Why Oil Prices Went Negative? | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Nov 26, 2020, 7:00 PM CST In late April this year, Wet...
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Here’s Why Electric Vehicle Stocks Have Exploded This Year | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Nov 26, 2020, 6:00 PM CST The electric vehicle boom has been one of the few bright spots for investors in 2020. Tesla...
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Refineries Are Fighting Over Used Cooking Oil And Animal Fat | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Nov 26, 2020, 4:00 PM CST The novel...
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UK Energy Giants Back Carbon Trading Over Carbon Tax | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Related News By City A.M – Nov 26, 2020, 3:00 PM CST Leading energy companies...
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Peru’s Oil Industry Is Engulfed In Crisis | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Nov 26, 2020, 2:00 PM CST A combination of sharply weaker...
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Total And Exxon Renegotiate A Major Gas Sharing Deal | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Nov 26, 2020, 1:00 PM CST Supermajors ExxonMobil and Total are renegotiating a...
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