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By Rhodri Morgan You can’t tell the story of oil and gas in 2023 without talking of a fall. Not a fall from grace per se, but from the dizzying heights of $122-per-barrel for Brent Crude and $9.2m British thermal units (MMBtu) to highs of $93.89-per-barrel and $3.8MMBtu. Thanks to repetitive geopolitical shocks such as G7 sanctions on Russian oil sales and the Israel-Palestine war, oil has seen a more turbulent year, breaking the $80-per-barrel mark five times since January. Global natural gas prices also rose steadily from January to August 2023’s highpoint of $3.8MMBtu before dropping off co…

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