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The report said the main reasons for this were that firms were seeking more flexible oil production and less exposure to price uncertainties.
Valero is the most flexible oil company, says Gheit, with the largest refining capacity in the U.S. and the ability to refine a large number of feedstocks, giving it a competitive advantage over smaller competitors with limited abilities.
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For the experimental study, scaled-model experiments are conducted in the tsunami basin using scaled-model flexible pipes and oil and gas tanks.
In the numerical approach, 3D CFD simulations are performed for the arrangement of flexible pipes and oil tank, similar to the experimental conditions.
This trajectory of the contemporary expansion in the 'space-of-flows' was shaped by the flexible nature of palm oil as a feedstock and the political economy of the Colombian palm oil commodity chain.
Today's flexible jobs markets allow oil shocks to be absorbed less harmfully.If consumers are more forgiving of oil shocks, it is partly because they have become more accustomed to volatile prices and partly because they have greater trust in policymakers to keep inflation under control.
A buyer of flexible pipe for offshore oil rigs is more interested in pipe than anything else in the world.
Russia had asked for a fixed price of $250, then halted deliveries to Ukraine and asked for a flexible price pegged to oil and starting at $450, but with the understanding it would decline through the year.
He is credited with having introduced the practice of painting with pigments that had been mixed with oil and flexible resins on canvas, which resulted in a luminous, jewel-like effect.
Venezuela offered to provide Caribbean countries with oil under flexible financial terms.
An example of this is the increasing use of flexible pipes in the oil offshore production.
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