World Energy Consumption Since 1820 in Charts By Gail Tverberg Figure 1 (above) shows the huge increase in world energy co...
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Monday, 24 June 2019
Fears Of #Iran Conflict Send #Oil Prices Higher
There is no doubt that a severe disruption to the transit of oil through this vulnerable route would be extremely serious,” said consultancy FGE Energy in a note.
NEW YORK (Reuters) - Oil futures rose 1% on Friday, with U.S. crude up 10% in the week and global benchmark Brent gaining 5%, on fears the United States could attack Iran and disrupt flows from the Middle East, which provides more than a fifth of the world’s oil output.
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