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Global Energy Weekly

Global Energy Weekly latest


US sanctions could prove ineffective if rising oil prices largely make up for any lost Iran volumes. (Shutterstock)
July 8th, 2018 - 08:27 GMT

Report: Iran Export Curbs to Increase Oil Price to $9 per Barrel

Moving Iran oil export curb from 0.5 million to a one million barrels per day (b/d) would push Brent prices up by $8 to $9 per barrel (/bbl), said the Bank of America Merrill Lynch (BofAML) in a new report.
Read more
The chaotic scene at OPEC’s ordinary meeting on December 4, 2015. (AFP/ File)
May 22nd, 2017 - 02:06 GMT

Stay, Cut or Hike Production: What Will OPEC Choose to Do?

Al Bawaba
November 22nd, 2015 - 10:51 GMT

Lower oil prices could drain Saudi FX reserves by $18B per month: report

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