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OPEC Sees 2015 Supply Surplus Rising

The collapse in oil prices – almost 60 percent since June – is accompanied by falling in the demand for OPEC oil to its lowest in a decade. In its monthly report, the Organization of the...

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Israeli natural gas requires patience

Australian energy company Woodside Petroleum said it was “prepared to be patient” with the Leviathan natural gas field as Israel mulls its export policies.   Woodside in December...

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