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. Saudi Policy: OPEC-centric or Self-Serving?

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

OCTOBER 20, 2015

In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.

Russia 150

Russia Saudi Arabia Oil Market 150

Green Car Congress

NOVEMBER 6, 2015

By 2017, the company says it will cease deepwater exploration and will sell off its offshore leases that it does not plan on developing. Then again, there is a question about whether or not shale can really be a major source of supply over the long-term. Maintaining access to finance can come at a price.

Oil 150

Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

NOVEMBER 13, 2011

Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. Production of conventional crude oil—the largest single component of oil supply—remains at current levels before declining slightly to around 68 mb/d by 2035. —WEO 2011.

Oil 247

Oil Transportation Cheap Fleet 247