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*China April crude oil output lowest since July 2013 Data from the National Bureau of Statistics released on Saturday showed China produced 16.59 million tonnes of crude oil last month, or about 4.04 million barrels per day (bpd), the lowest rate since July 2013 on a daily basis. Norway, which produced around 3 million barrels per day from 1996 to 2004, has now dropped to almost half that amount. No one, inside or outside Russia, expected them to increase production by over 200,000 bpd over the last few months.
But they have managed halt the decline in 2012 and have since even increased their production slightly. *Production declined by .7 percent in April according to the Russian Energy Ministry: *Russian daily oil production down in April.
Obviously Canada is counting something that the EIA is not. The only question left to be answered is how fast will she decline?
Look for Canada’s production to decline substantially in 2016. There are several articles on the web about China’s decline, but they all say about the same thing. Mexico managed to stem their decline for a few months but their production has begun to decline again.
The guests had a chance to discuss fintech, blockchain perspectives for the banking industry as well as its application in other spheres of activity.
Some 35 speakers from 12 countries managed to speak at the summit.
So with world production continuing to decline, there is little doubt that 2016 production will be well below 2015 production.
Nikita Anufriev, Date Coin CEO, has participated in IFX EXPO ASIA 2018, opened in Hong Kong on January 23,2018 and lasted for 3 days.
The international blockchain summit in Dubai has become one of the first events of such kind in 2018, and the biggest event in the blockchain industry for the Middle East.