- Oil trades near $45 as U.S. continues drilling expansions
June 19, 2017
Oil traded near $45 a barrel following a fourth weekly loss as U.S. drillers continued to add rigs, blunting OPEC-led efforts to rebalance an oversupplied market.
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- India's 2017 diesel imports may rise to highest since at least 2011
June 18, 2017
India’s diesel imports this year may rise to the highest since at least 2011 as refiners shut down to upgrade their units to meet new fuel standards and as warmer temperatures spur demand, said five industry sources.
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- Lobby urges tighter curbs on LNG exports
June 15, 2017
The government’s planned liquefied natural gas export restrictions do not go far enough to penalise producers buying gas from domestic markets and will do little to ease prices, according to the nation’s biggest manufacturers.
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- Here's why oil prices could drop to $30 a barrel again: Fesharaki
June 14, 2017
A leading global energy market academic warned that crude prices could sink back to $30 a barrel if OPEC fails to make additional cuts to production.
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- Slump in oil prices to crisis levels a real threat, says FGE's Fesharaki
June 14, 2017
The chance of crude oil prices slumping to $US30-$US35 a barrel for several years, sending the global economy into crisis and multiple producers into bankruptcy, has emerged as a real threat, according to one of the world's leading forecasters.
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