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2017-01-13 18:50:00

OIL MARKET DEFICIT

OIL MARKET DEFICIT

PLATTS - The world could run short of oil by 2020 due to the recent sharp global downturn in upstream investment, Saudi Energy Minister Khalid al-Falih said Thursday.

"From what I can see, within two to three years there will be tightness because many projects have been deferred and delayed," Falih told delegates at the Atlantic Council Global Energy Forum in Abu Dhabi.

Increasing the likelihood of a medium-term swing towards tight oil supply was the "not insignificant" natural…

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Tags: OIL, PRODUCTION, PRICES, INVESTMENT, OPEC

Chronicle:

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2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

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2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

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2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

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