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The OPEC + 1 format frays, as the European Union is trying to launch an embargo on Russia…but which way will the oil prices then go? Will oil prices pull also the prices for renewables higher? The consumer demand is already in distress, no doubt about that …. so could this result in an oversupply situation in the long run?
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ARA Oil Prices retreat massivily amid long liquidation in the paper markets….
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