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OPEC controls about a third of world’s oil supply but this could end in this decade. That is if the US oil drillers can get the greenlight to export its oil. According to estimates, the US could produce up to 14.2 million barrels per day by 2020. Of course, OPEC will continue to fight the battle and try … Read More...

Declining Brent crude prices is a concern for the oil and gas industry. With falling oil prices worldwide, the issue of capital investment in the industry becomes a major issue.
Oil and gas exploration is a very expensive endeavor and many investors are putting a freeze on its investments.

In the UK, looking to maximize its investments, oil … Read More...