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b'Oil steady, Brent slips from 5-mth high amid demand uncertainty
https://www.reuters.com/article/us-global-oil/oil-prices-edge-up-on-stimulus-support-despite-ample-supplies-idUSKBN25R042

Oil prices edge up on stimulus support despite ample supplies
https://www.cnbc.com/2020/08/31/oil-markets-brent-crude-futures-coronavirus.html

- oil prices are waiting for a reason to move higher, demand-wise

About 61 Million Americans Have Stopped Commuting Due to COVID-19
https://www.valuepenguin.com/commutes-plummet-after-coronavirus

- 3/10 people who commute by car said they no longer have to commute either because they lost their job or because they are working from home
- the number of drivers who get gas weekly dropped by 26% in August

U.S. oil and gas auction draws tepid bidding from weakened drillers
https://www.reuters.com/article/us-usa-energy-new-mexico-idUSKBN25N332
- Not just low oil prices but could also be because producers are concerned that a Biden administration might cancel drilling on Federal land
- Was this tier 1 acreage or not so valuable acreage?

Exclusive: Indian state refiners halt oil imports from Chinese companies - sources
https://in.reuters.com/article/india-china-oil-exclusive-idINKBN25N1DL
- potential for China to leverage its consumption power over India. Would it force its suppliers to choose between the two? Saudi Arabia likely to go with China but who would supply India?

Big Oil Is in Trouble. Its Plan: Flood Africa With Plastic.
https://www.nytimes.com/2020/08/30/climate/oil-kenya-africa-plastics-trade.html
- What are the problems? Apparently there is no market for plastic but there is one in Africa?
- Is there still a market for plastic? Plastics makers are lobbying for the US to pressure Kenya to change its import policies for plastics during trade organizations

Mini-Reactors Are Gaining Traction in the Push for Greener Grids
https://www.bloomberg.com/news/articles/2020-08-31/mini-reactors-could-mark-nuclear-power-s-return-in-the-push-for-greener-grids
- SMRs could be very powerful tools in emerging markets or in new industrial spaces or even for server farms

OPEC Countries Further Diversify Exports
https://www.statista.com/chart/18310/petroleum-and-other-export-from-opec-countries/
- countries that used to just pump crude and sell it are now making more money from other exports - raw materials and refined products

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