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Oil and gas as the non-renewable resources are considered very valuable for the countries with petroleum economics. These resources are not only diffused equally around the world, but also they are common in some places which their neighbors often come into conflicts. Consequently, it is vital...
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Currently, it is a fact that many of the world's leading oil producing countries are either politically unstable or are at serious odds with the USA. In the past, a country's military was the sole arbiter of her strength, but today it is the economy that has become nearly as important and all...
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The fall in oil prices (-40% in June 2014) in the stock market disappears these days from the headlines. British Petroleum currently has the lowest price/earnings ratio in the industry with only a factor of 7. If we focus not only on stocks, but in speculate portfolio mix with oil, gold or...
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The EU imposed an embargo on Iranian oil on 23 January, 2012 that will come into full force in July, preventing the members from importing Iranian oil. The embargo was enforced by the UN, EU, USA and other countries in the wake of Western pressure policies. This multiplies sanctions imposed on...
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