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Saudis Reportedly Target US Inventories By Slashing Oil Exports

Saudis Reportedly Target US Inventories By Slashing Oil Exports WTI prices briefly popped above $52 before fading quickly after Bloomberg reported that after flooding the US market in recent months, Saudi Arabia plans to slash exports starting in January in an effort to dampen visible build-ups in crude inventories. Bloomberg reports that, according to people […]

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Is An Oil Price Spike Inevitable?

Is An Oil Price Spike Inevitable? The oil glut is over, at least when it comes to U.S. commercial inventories: over the past two months they have been within the average range for the season, thanks to hefty draws. These draws, one analyst argues, are a signal of higher-than-expected demand that is not only an […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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