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Oil prices to reach $380 a barrel if Russia cuts more off

Oil prices to reach $380 a barrel if Russia cuts more off: Experts have cautioned that oil prices could soar to ‘stratospheric’ levels because of sanctions imposed by Western countries. If Russia responds to sanctions with reductions in crude oil output, the authors of a current report by JP Morgan Chase forecast that worldwide oil…
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World needs pour a further $1.3bn into energy by 2030

World needs pour a further $1.3bn into energy by 2030: To avert an energy crunch, governments need to spend $1.3 billion (£1bn) into energy by 2030. That’s reported by the current yearly energy outlook report from US bank JP Morgan which advises countries need to advance every source of energy from renewables to oil &…
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