Green Car Congress

OCTOBER 25, 2015

In other words, banks are allowing drillers to continue to borrow, which could delay the inevitable balancing needed in the market. It may just delay the adjustment for oil markets. “It Bond markets have essentially been ruled out as a new source of finance for high-yield producers. rig count has declined by more than half, U.S.

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Saudi Arabia Oil Prices Oil Russia 150

Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. Market” forces include many components. billion vs. $1.6

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Saudi Arabia Russia Oil 2015 150

Green Car Congress

MARCH 24, 2016

million barrels per day (mb/d) in April 2015. Moreover, supply outages in places like Iraq and Nigeria have also knocked at least a quarter of a million barrels per day offline, an unexpected disruption that put upward pressure on prices in March. Iran also continues to add production, albeit at a slower-than-expected rate.

Oil Prices 150

Oil Prices Oil Price North Dakota 150

Green Car Congress

JUNE 27, 2012

This increase represents less than 40% of the new oil production under development globally: more than 60% of the new production will likely reach the market after 2020, according to Maugeri. In Iran and Mexico, the loss of production is primarily due to political factors. shale oil production.

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Oil Oil-Sands Price Production 261

Green Car Congress

DECEMBER 10, 2014

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. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Outlook for Energy.

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Energy Global 2010 Oil-Sands 252

Green Car Congress

NOVEMBER 6, 2015

Then again, there is a question about whether or not shale can really be a major source of supply over the long-term. By the 2020s, the IEA says, the world will once again be dependent on traditional sources of supply—largely from the Middle East. It may just delay the adjustment for oil markets. “It

Oil 150

Oil Oil-Sands Saudi Arabia Oil Prices 150

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. Click to enlarge.

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Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

JULY 28, 2018

As the Fed tightens rates and pushes up the dollar, emerging market currencies suffer from sudden shocks, sometimes severe. As capital flees some of these emerging markets and flows into safe haven assets, such as the U.S. As capital flees some of these emerging markets and flows into safe haven assets, such as the U.S.

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Oil Prices Oil Price South Africa 170