Russia is important to world energy markets, because it holds the world's natural gas reserves and the eigth largest reserves of crude oil.
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Crude oil and derivatives becomes the new investment choice as it hits all time high. Supply is short and world-wide demand is at its highest peak.
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EIA estimates the US had net oil imports of crude and products of 16.4 million bbl/d during 2007, representing for over 58% of total world oil demand.

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The OGPC Philanthropic Foundation
pledges donations to St. Vincent's,
additionally build schools & hospitals
in the areas we are active.