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Budget 2024: Energy sector awaits more focus on green fuels, reforms, renewables

In 2023, the oil and gas sector faced volatility in international crude oil prices due to geopolitical tensions, supply cuts, and demand concerns. Crude prices fell from $80 per barrel due to subdued demand, then rose to $90 with OPEC+ supply cuts and Middle-East tensions, but ended the year below $80 due to oil oversupply. ....

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