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The politics of oil
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1 Articles
The politics of oil
Leaving LNG to one side, the problem can be summed up with the above chart from a Goldman Sachs research report. When the problem will be catalysed is given in the following chart from JP Morgan Now, the two charts are the initial conditions. The reaction will change who loses out. Already tankers inbound to Western countries are being diverted as Asian countries bid more for their cargos. Does anyone think that China will tolerate half their je…
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