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Saudi retreat from US oil market cuts exports to 30-year low

Saudi crude exports into the US fell to a 30-year low last month, a result of Saudi Aramco's decision to constrict supply to its once-prized market.

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EU Parliament increases green targets for Europe

The stage is set for a showdown with the member nations, particularly when it comes to the renewable energy directive, after the EU Parliament has today voted for a 35 percent target in 2030 and an equivalent target for energy efficiency.

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