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million b/d, as production in Nigeria and Libya tentatively recovered along with steady increases for Saudi Arabia and Iran, according to an S&P Global Platts survey of OPEC and oil industry officials. Analysts said these two decisions which were taken at the June meeting could lay the groundwork for future cooperation on bigger issues.
percent in intraday trading on Monday, after a report at the end of last week showed another solid build in the US rig count, the tenth consecutive week that the oil industry added rigs back into the field. WTI and Brent sank more than 2.5 In fact, production appears to have declined in December, falling 200,000 bpd to 1.45 told Bloomberg.
suggests that the reduced flows in many cases are associated with climate change, and could potentially threaten future supplies of food and water. Many factors may affect river discharge, including dams and the diversion of water for agriculture and industry. Freshwater being a vital resource, the downward trends are a great concern.
5] Atrocities of the OIL industry EV FUD creators cry about Lithium or Cobalt battery manufacturing and conveniently don't talk about the terrible practices by the oil industry. The environment impact by the OIL industry is incomparable compared to any battery manufacturing. Good luck recycling that Cobalt into anything. [4]
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