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File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

YEAR IN REVIEW – Global Energy Market Regains Footing With OPEC+...

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File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

Crude Prices Set to Wrap Up 2021 on 50 Percent Upswing

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OPEC

OPEC Increases Oil Production by 240,000 BpD M-O-M in October –...

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File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

China Grows Oil Production by 2.5%, Gas by 9.4% From January-October...

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Recep Tayyip Erdogan

Turkey Eyeing Domestic Gas Production in by 2023 – Erdogan

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Strike

Sudan’s State Oil Firms Employees Go on Strike to Protest Military...

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Fuel

South Korea to Lower Fuel Tax Amid Rise in Prices –...

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OPEC

OPEC Downgrades 2021 Global Oil Demand Growth Forecast to 5.8 Million...

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File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

OPEC Oil Production Up to 27.3 Million Bpd in September

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Photo taken on April 9, 2020 shows pump nozzles at a gas station in Brussels, Belgium. The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, known as OPEC+, reached on Thursday a tentative agreement to cut production to stop a market free-fall amid the coronavirus pandemic, pending the consent of Mexico. (Xinhua/Zhang Cheng)

OPEC Downgrades Forecasts for 2021, 2022 Non-OPEC Oil Production

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File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

Brent Crude Tops US$81 Per Barrel First Time Since October 2018

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OPEC

OPEC+ Committee Recommends Keeping Plan to Increase Production by 400,000 BpD

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File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

China Discovers Major Oil Field in Bohai Bay – CNOOC

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OPEC

OPEC Expects Global Oil Demand to Stop Growing After 2035

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Sudan Ethio

Protesters in Eastern Sudan Block Haiya-Khartoum Oil Pipeline

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Oil

Brent Crude Tops US$78 Per Barrel First Time Since October 29,...

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File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

Oil Prices Beyond $100 Per Barrel Could Lead to Market Collapse...

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File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

Oil prices rally as storm approaches Gulf Of Mexico

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International Atomic Energy Agency (IAEA)

Global Oil Output Increased by 1.7 Million Bpd Month-on-Month in July

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OPEC

OPEC+ Compliance With Production Cuts Deal Reached 110 Percent in July

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Global Oil Demand Decreased by 120,000Bpd in July – IEA

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OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina/File Photo

IEA Expects OPEC+ Total Oil Output to Expand by 1.2 Million...

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Oil Tanker

Iraq to Increase Oil Production to 8 Million Barrels Per Day...

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Oil Majors Have US$140 Billion Worth of Assets Up For Sale

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Oil Tanker

Brent Crude Tops US$77 Per Barrel First Time Since October 30,...

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Penplusbytes @ 20

Penplusbytes celebrates 20th anniversary

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Kurdish Peshmerga forces ride on military vehicles on the southeast of Mosul, Iraq, August 14, 2016. (Reuters photo)

US Forces Sent 45 Vehicles With Syrian Oil, Wheat Into Iraq

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OPEC

OPEC+ to Continue Negotiating Oil Output Cuts on Friday Amid Alleged...

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OPEC

OPEC+ to Decide on Oil Production For One or Several Months...

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sanctions

Most of Iran’s Oil Output Can be Restored Within a Month...

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