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OPINION

The three key things to watch in 2020 energy sector

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The first starts with the United States, where the boom in tight oil from shale rock continues even though the natural gas sector faces downgrades and shut-ins because of chronic oversupply. Total oil production in the US has risen to more than 12 million barrels a day (b/d). A further increase is expected in 2020.

ANYONE wanting to make sense of the energy market in 2020 should watch three key indicators. The significant drivers of the market this year will be non-Organization of the Petroleum Exporting Countries (Opec) oil production, Chinese oil imports and - in a more complex way - the influence of...