Saudi Arabia shipments may hit over 1.1 million barrels a day, the highest since Nov 2019, nearing Russia levels as India closes the supply gap, Kpler says.
The global energy market has diversified and the loss of 5.7 million barrels of oil in an $84.8 trillion global economy is less likely to qualify as major crisis.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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