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Green energy to satisfy electricity demand in East Kazakhstan

Green energy to satisfy electricity demand in East Kazakhstan

Solar installations, wind generators and a hydroelectric power station will be launched this year in the East Kazakhstan region

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The changing trend in oil prices

The changing trend in oil prices

There have been many bullish factors in recent months. Following the OPEC/non-OPEC agreement, the positive trend has been driven by the weakness of the American dollar, the fall in U.S. stocks and the suspension of several supply sources due to the closing down of a number of oil wells

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Oil hits highest level since 2015 as Russian-Saudi output cuts bring result

Oil hits highest level since 2015 as Russian-Saudi output cuts bring result

Brent crude has surpassed $68 per barrel for the first time since May 2015. Oil prices have been buoyed by information that joint production cuts between Russia and Saudi Arabia-led OPEC are working

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US has to buy Russian natural gas as consumer prices soar

US has to buy Russian natural gas as consumer prices soar

Russia will deliver liquefied natural gas (LNG) to the US, Kommersant daily reports. The reason for the deal is the sharp rise in gas prices on the east coast of

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Russia’s oli friendship with China makes crude costly for Europe

Russia’s oli friendship with China makes crude costly for Europe

Europe’s set to be stuck with a higher oil bill as Russia shifts more of its supply to the Chinese oil market

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Oil and currency trends

Oil and currency trends

Rising oil prices, up to the highest levels since mid-2015. Trends in light of the 2018 extension of the OPEC / non-OPEC agreement signed in November 2016 and expiring on March 31, 2018

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Rising oil prices

Rising oil prices

US tight oil output growth, falling global stocks and a higher demand for oil forecast for 2017 are among the factors behind the upward trend in prices

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Upward trend in oil prices

Upward trend in oil prices

In September, oil prices significantly increased at around $4/b. In particular, Brent North Sea quality opened at $52.75/b and closed at $56.68/b, while West Texas Intermediate opened at $47.34/b and closed at $51.54/b. At

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The oil price conundrum

The oil price conundrum

Between ups and downs, the month of August has seen a re-balancing of oil markets, with the main qualities on a downward trend and OECD stocks dropping

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A hot summer for oil

A hot summer for oil

On the one hand, there is progress, albeit slight, on crude oil prices and the strengthening of the euro against the U.S. dollar; on the other, there is America’s new sanctions strategy to curtail Russian exports

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