BP says the era of oil-demand growth is over

The British oil major’s recent report has said that the demand for oil will not go back to the pre-Covid levels BP Plc said the relentless growth of oil demand is over, becoming the first super major to call the end of an era many thought would last another decade or more.  Oil consumption may never return to levels seen before the coronavirus crisis took hold, BP said in

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Tariq Shafiq* Oil and Politics in My Life, The Author’s Biography

A typical Iraqi individual From the outset, let me say that I am an Iraqi in every sense of the word. My one goal in life was to pursue a career in energy as a petroleum engineer and serve my country. Despite several setbacks in my younger years, I secured my dream job, but it came at a cost. In 1971, I was sentenced to death in absentia on trumped-up charges that led to

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Historical Oil Shocks. By James D. Hamilton

ABSTRACT This paper surveys the history of the oil industry with a particular focus on the events associated with significant changes in the price of oil. Although oil was used much differently and was substantially less important economically in the nineteenth century than it is today, there are interesting parallels between events in that era and more recent developments.

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The Iraq Considers A String Of Massive Oil Deals With China. By Simon Watkins

Iraq's With the Western-leaning, reformist agenda of Iran President, Hassan Rouhani, neutered by the unilateral withdrawal of the U.S. from the Joint Comprehensive Plan of Action in 2018, hardline groups led by the Islamic Revolutionary Guards Corps (IRGC) have been able to gradually recoup all of their previous power and influence, and more. The additional part has been a defi

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