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Russia Heads Into 2024 Making A Mockery Of Western Oil Sanctions

Western sanctions and a price cap of $60 per barrel have failed to dent Russia s position in the global oil market, thanks to China and India.

Saudi arabiaAlexander novakEuropean unionIndia petroleum ministryDeputy prime minister alexander novakRussia oil price capIndia oil demandOil production by country 2023Russia oil production 2023Urals crude discount to brentRussia oil sanctionsWestern sanctions on russia

What Angola s Shock Departure From OPEC Means For Global Oil Markets?

While the development carries a shock value, departures of low to mid-sized oil producers from OPEC do happen from time to time.

Saudi arabiaOrganization of the petroleum exporting countriesInternational energy agencyOil gasPetroleum exporting countriesMineral resourcesGas minister diamantino de azevedoMiddle easternDiamantino de azevedoOpec newsUs producing more oilAngola shock departure opecOil production by country 2023Us oil production 2023Angola oil productionAngola to leave opec

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