Green Car Congress
MAY 22, 2019
Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “
Green Car Congress
JUNE 18, 2022
mb below the 2017-2021 average. Despite economic headwinds, steady demand for light sweet crude in a tight physical market is boosting marker grade prices as they are in the same crude quality family. Higher oil prices and a weaker economic outlook continue to temper IEA’s oil demand growth expectations.
Green Car Congress
JULY 28, 2015
Along with acquiring a controlling stake in Korea’s S-Oil, the desert kingdom is commissioning a new refinery in Jizan which would have a capacity of around 400,000 barrels per day when it begins operations in 2017. Moreover, Indian refiners are now moving away from Saudi Arabia which was previously India’s largest crude oil supplier.
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. The December 2015 OPEC Meeting.
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