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Why we still need oil & gas for decades to come

July 29, 2024|Comments Off on Why we still need oil & gas for decades to come|BYGuardian Energy Partners

Last week’s surprise decision from OPEC+ to ease the production cuts by a cumulative 2 million barrels per day (bpd) by July relies on expectations of robust oil demand recovery in the second quarter. Yet, recent demand concerns suggest the alliance’s supply management policies could once again be more in the realm of guestimates.

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