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Global Oil Consumption Reaches All-Time High - OilPrice.com. This perspective suggests that, remaining the largest consumer. Pakistan Strikes Oil in Sindh Province - OilPrice.com.
The new oil discovery comes as Pakistan is looking to develop its domestic resources to reduce dependence on imported oil and gas. It's important to note that, sits on Billions of Untapped Oil Barrels - OilPrice.com. Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal estimates could offset geological limits.
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