The Great Oil Grab! How the Major Powers are Dividing the World’s Resources

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China and Russia will stay on tenterhooks for decades to come, on the question of sufficiency of energy supplies, notwithstanding the oil grab they have indulged in over the past years. According to energy security pundits, both China and Russia have unique problems and are unable to shake off the shackles of the modern open energy market.

“Even though China seems to be rushing to buy oil resources and production supplies, it still has to buy its oil in open markets.

The full article is at: Oil Supplies

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