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OPEC Sees Oil Demand Growth Outpacing Supply Through 2027

OPEC is sticking to its view that the oil market will remain relatively tight through next year, with demand growth expected to continue outpacing non-OPEC+ supply additions despite months of war-related disruption and elevated prices. According to OPEC's June Monthly Oil Market Report released on... Далее

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Britain’s Electric Vehicle Market Is Booming as Fuel Prices Climb

Brits are racing to get their hands on electric vehicles after a surge in oil prices triggered by the war in Iran has driven away demand for petrol and diesel cars, one of the UK’s biggest used car supermarkets has said. London-listed Motorpoint, which has seen its shares jump on the back of bumper... Далее

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Oil Held the Biggest IPO Record. Tonight It Loses the Crown.

For nearly seven years, the largest IPO in history belonged to an oil company. Not just any oil company. Saudi Aramco, the crown jewel of the world's largest crude exporter, raised $29.4 billion in its 2019 market debut, cementing what many viewed as the ultimate victory lap for the petroleum age.... Далее

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Why Power Prices Are Rising Faster in Deregulated States

Back in the last century, when neo-liberalism, deregulation, and privatization were all the rage, we, in the USA, decided to restructure and deregulate the electricity industry, on the theory that such action would bring about the same benefits to electricity consumers as it did for consumers of... Далее

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Why Household Batteries Are Becoming Strategic Assets

The Strait of Hormuz has become the pressure point of the global energy system. The war has already deprived global markets of 1 billion barrels of crude oil and petroleum products. Supply from the Middle East has been severely disrupted, and there is now rising uncertainty around Chinese refining... Далее