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Market Outlook 2015: Oil Joins Gas in the Spotlight

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Ingenuity Rules at Emerson Exchange

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The 2015 Economic Outlook: U.S. and Global

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World Oil Refining Capacity Must Be Rationalized: BP

BP Plc said on Monday, global oil refining capacities need to be rationalized to bring utilization back to historical levels in the face of lagging demand.

"There is surplus refining capacity relative to demand. The surplus will be with us for some," said Clive Christison, Director and CEO, Supply & Trading, Integrated Supply & Trading, Global Oil, Eastern Hemisphere of BP.

Source: Reuters

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