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@ Yahoo! Finance - by layer3.news
2025-05-11 01:53:34
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✍️ The article discusses the impact of lower oil prices on the oil industry, including the effects on international and domestic US oil production, and the perspectives of oil companies and governments.
👉 OPEC+ increases production rate in May and June
👉 Trump Administration tightens sanctions on Iranian-exported oil
👉 International oil prices are influenced by government-controlled companies and countries
👉 Domestic US oil and gas industry is composed of private enterprise companies
👉 Break-even oil prices vary widely among companies and countries
👉 Uncertainty and disruption are expected in the industry due to re-structuring of the US economy and trade relationships
#Dr.CharlesKohlhaas #UnitedStates #Iran #China #UAE #Kazakhstan #Algeria #SaudiArabia #London #energy
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