Green Car Congress
JUNE 18, 2022
Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6 mb below the 2017-2021 average. Since 6 June, WTI and Brent futures have averaged above $120/bbl. Non-OPEC+ is set to lead world supply growth through next year, adding 1.9 mb/d in 2022 and 1.8 mb/d in 2023, according to IEA. mb/d and 1.9
Green Car Congress
DECEMBER 23, 2016
That has companies like Concho Resources, Murphy Oil, Devon Energy, Pioneer Natural Resources and EOG Resources all stepping up their spending levels heading into 2017. If we go back down to $50 (or lower) in 2017.then Libya hopes to add another 300,000 bpd in output in 2017 after adding as much in 2016.
Cars That Think
FEBRUARY 4, 2022
It was after midnight in the Maltese search-and-rescue zone of the Mediterranean when a rubber boat originating from Libya carrying dozens of migrants encountered a hulking cargo ship from Madeira and a European military aircraft. When I got to Libya, I didn’t have money,” Jacob says. Five more migrants died on the southward journey.
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. Are the futures market, CNBC’s oil traders, analysts, and major fund investors, and others, being lulled into an unjustified consensus?
Green Car Congress
JANUARY 13, 2017
At the start of 2017, there are two major dynamics at play occurring at the same time, each pushing in opposite directions on the market. Achieving this record average will not affect Iraq’s decision to cut output from the beginning of 2017,” Oil Minister Jabbar Al-Luaibi told Bloomberg in an emailed statement. told Bloomberg.
Green Car Congress
JUNE 23, 2016
To this writer the most meaningless indicator of the future of world oil prices has been the weekly US oil rig count published by Baker Hughes and opined upon regularly by oil analysts and writers since late 2014. This modest uptick in the rig count once again caused concern and prognostication on the future of oil prices.
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