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04 January 2010
Despite the fall in global commodity prices, the US keeps producing. This is due to the ‘portfolio effect’ and better technology, show Philippe A. Charlez of Total and Pierre Delfiner of PetroDecisions
The latest target rollover means more crude is on the way.
THESE are nervous times for the energy industry. The sector has yet to fully find its feet following the collapse of oil’s latest bull run.