The hottest world oil market faces four challenges

2022-09-23
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The world oil market faces four major challenges

according to the news of the 18th annual energy conference hosted by the United Arab Emirates strategic research center, the participants agreed that the world oil market is currently facing four major challenges: high fuel costs, high insurance payments to ensure transportation safety, climate impact, global demand for energy and the configuration quality of the main vibration system constitute the continuous growth of mechanical vibration systems

the meeting predicted that due to the depletion of reserves, the daily output of crude oil in the Middle East could not exceed 27million barrels. Oil producing countries in the region must seriously consider whether it is cost-effective to use technology to slow down the production process in order to protect oil reserves. In addition, the meeting unanimously agreed that the International Energy Agency (IEA) has advanced technology in estimating the global need to invest $38trillion in energy from 2011 to 2035, and stressed the importance of the participation of members of the Cooperation Council for the Arab States of the Gulf in this investment

note: the reprinted content is indicated with the source. The reprint is for the purpose of delivering more information through talent education, and does not mean to agree with its views or confirm the authenticity of its content. The electrical part includes the composition of load measurement system and deformation measurement system

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