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IEA: non-OPEC oil supply tops 43 mb/d for first time in decades; global demand to reach 92.4 mb/d in 2014

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The International Energy Agency’s (IEA’s) Oil Market Report (OMR) for December raised the estimate of global oil demand for 2013 by 130,000 barrels per day (130 kb/d) to 91.2 Global demand is now seen advancing by 1.2 mb/d in both 2013 and 2014, to reach 92.4 Global demand is now seen advancing by 1.2

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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

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Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. mmbl/day) equates to a 13 percent global share.

Oil 150
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Landsat Proved the Power of Remote Sensing

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It was a difficult time in global politics, and much of his speech focused on the war in Vietnam, disputes in the Middle East, and strategic arms control. Toward the end, though, the speech took a curious and hopeful turn, as Nixon rhapsodized about the unifying potential of international cooperation in space exploration.

Power 111
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Opinion: Is Russia Plotting To Bring Down OPEC?

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mmbbl/day) in 2013. from a market for Russian crude and natural gas (via LNG) to a global competitor. into a major (potential) LNG competitor in global LNG import markets, and, via the U.S. in Russian and Soviet history, Soviet economics, and International economics, and MBA in finance and marketing.

Russia 150