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. Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico.

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

OCTOBER 20, 2015

Venezuela, an OPEC member, has even proposed an emergency summit meeting. After the Chinese Central Bank unexpectedly devalued the Yuan by ~2 percent against the US$, bets that the Saudis would be forced to abandon the peg spiked. Pegged to the US$, Saudi crude, priced in US$ will become more expensive for the Chinese.

Russia 150

Russia Saudi Arabia Oil Market 150

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. As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

EV Info

SEPTEMBER 23, 2021

Ministers decided they would rather throw hundreds of Northern workers out of a job, turn down hundreds of millions of pounds of investment and rely instead – for the five million tonnes of coal per year gap that we still need for industry – on energy imports from those famously reliable partners, Russia and Venezuela.

Power 52

Power Powered Wind Coal 52