Green Car Congress

JULY 11, 2016

million b/d, as production in Nigeria and Libya tentatively recovered along with steady increases for Saudi Arabia and Iran, according to an S&P Global Platts survey of OPEC and oil industry officials. —Eklavya Gupte, senior editor for S&P Global Platts. million b/d in June in order to meet domestic demand.

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Green Car Congress

OCTOBER 6, 2015

According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 in 2015 and 2016 respectively). in 2015 and 2016 respectively). percent of GDP in 2014.

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Russia Saudi Arabia Iran Iraq 150

Green Car Congress

DECEMBER 10, 2014

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040.

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Green Car Congress

SEPTEMBER 2, 2015

oil analyst cited in this article, who has tracked oil companies’ budgets for many years, estimates that Aramco and its Kuwaiti and UAE counterparts will increase their investment in oil exploration and production in 2015 by 4.5 percent of net crude export revenues in 2015, as these revenues fall nearly 50 percent from 2014.

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Green Car Congress

AUGUST 25, 2015

CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. For Iran, the only other OPEC country for which the IEA provides domestic demand data, the increase in exports, 0.7 percent in 1H 2015. billion vs. $1.6 billion) and $1 billion ($2.5

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Saudi Arabia Russia Oil 2015 150

Green Car Congress

JUNE 27, 2012

Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 In Iran and Mexico, the loss of production is primarily due to political factors. Source: Maugeri 2012. Click to enlarge.

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Green Car Congress

JULY 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. per barrel in first quarter of 2015). by Gaurav Agnihotri for Oilprice.com. per barrel while that of Reliance was $8.70

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Saudi Arabia Price Oil India 150

Cars That Think

AUGUST 29, 2022

Russia ranks second in the extraction of both crude oil (behind the United States and ahead of Saudi Arabia) and natural gas (behind the United States and ahead of Iran), and it is the sixth-largest producer of coal (behind Australia and ahead of South Africa). Here are the basic facts. share in 2020, by contrast, was about 9 percent.

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Ukraine Russia Saudi Arabia Fuel 81

Green Car Congress

JULY 22, 2015

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. based companies that have filed for bankruptcy in 2015 so far. million jobs in U.S.

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Oil Prices Oil Price India 150

Green Car Congress

OCTOBER 25, 2015

Moody’s Investors Service sees the contraction as too little to make a significant dent in the global supply gut. Moody’s sees global oil production rising by 1 million barrels per day in both 2015 and 2016. The ratings agency cut its forecasted oil price for 2016 to just $48 per barrel. That will keep the pressure on US shale.

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Green Car Congress

MARCH 24, 2016

million barrels per day (mb/d) in April 2015. More oil bulls are piling on in anticipation of the April OPEC meeting , on an unfounded belief that the production freeze may actually have any material impact on global oil supplies. Iran also continues to add production, albeit at a slower-than-expected rate.

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Oil Prices Oil Price North Dakota 150

Green Cars News

OCTOBER 19, 2009

It has forecast a growth in natural gas vehicles on the road worldwide to 17million units by 2015 – that’s an increase from the 9.7million reported in 2008. It has also forecast that the market will grow globally at a rate of 5.5 per cent to reach just over three million vehicles by 2015. per cent between 2008 and 2015.

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Green Car Congress

NOVEMBER 6, 2015

Moody’s Investors Service sees the contraction as too little to make a significant dent in the global supply gut. Moody’s sees global oil production rising by 1 million barrels per day in both 2015 and 2016. The ratings agency cut its forecasted oil price for 2016 to just $48 per barrel. That will keep the pressure on US shale.

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Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

AUGUST 13, 2015

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. The Financial Times quoted analysts as estimating the Saudi budget deficit in 2015 at $130 billion.

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Green Car Congress

SEPTEMBER 18, 2015

EIA said that US production will fall by 1 million barrels per day over the next year and that, “expected crude oil production declines from May 2015 through mid-2016 are largely attributable to unattractive economic returns.”. Global Supply and Demand Fundamentals Continue to Worsen. percent in August 2015.

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Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

JULY 28, 2018

China’s central bank has also taken the opportunity to loosen its grip over the yuan, which will save it from having to blow huge sums of reserves to keep the currency fixed, as it did during the summer of 2015. The oil supply outages in Venezuela, Libya and Iran could yet drive oil prices much higher. Of course, the U.S.

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Oil Prices Oil Price South Africa 170