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Source: https://www.reuters.com/ Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via improved logistics and increasing the amount of profitably recoverable resources, Goldman Sachs said on Tuesday. “AI could potentially reduce costs via improved logistics and resource allocation … resulting in a $5/bbl fall in the marginal…
Source: https://venezuelanalysis.com/ Venezuelan President Nicolás Maduro announced 16 cabinet changes aimed at accelerating economic and social transformations for a new phase of “popular self-government.” During a televised meeting with grassroots activists and government officials on Tuesday, Maduro designated Vice-President Delcy Rodríguez as new oil minister, emphasizing her “expertise” in the sector. She will work alongside…