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1. energynews.oedigital.com › climate-change › 2024Southeast Asia's $220 bln gas expansion strategies could slow ...

   energynews.oedigital.com › climate-change › 2024

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   19 hours ago · Southeast Asian nations are preparing to invest as much as $220 billion on a quick natural gas expansion program that might slow the area's. tidy energy transition, research by Global Energy Monitor (GEM). revealed on Thursday. If all the organized tasks go ahead, they could raise. Southeast Asia's gas-fired power capability by more than 100. gigawatts (GW), doubling the present level, and ...

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   • Crude oil prices increased in 2021 as increasing COVID-19 vaccination rates, loosening pandemic-related restrictions, and a growing economy resulted in global petroleum demand rising faster than petroleum supply.

   Crude oil prices increased in 2021 as global crude oil demand outpaced

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   Will crude oil production decrease in 2021?

   • According to our December 2021 Short-Term Energy Outlook (STEO) estimates, U.S. crude oil production in 2021 decreased by 0.1 million barrels per day (b/d) from 2020 and by 1.1 million b/d from 2019.

   Crude oil prices increased in 2021 as global crude oil demand outpaced

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   What is the average price of crude oil in 2021?

   • Brent’s 2021 annual average of $71/b is the highest in the past three years. The price of West Texas Intermediate (WTI) crude oil traced a similar pattern to Brent and averaged $3/b less than Brent in 2021. Global petroleum production increased more slowly than demand, driving higher prices.

   Crude oil prices increased in 2021 as global crude oil demand outpaced

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   How much has crude oil increased since 2024?

   • Crude Oil increased 12.50 USD/BBL or 17.44% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on July of 2024.

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