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.
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. 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 this year, eroding its spare capacity cushion. mb/d and 1.9 mb/d, respectively.
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. As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense.
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.
Green Car Congress
JUNE 23, 2016
Besides massive futures trading, the other factors affecting WTI include the value of the US dollar (it rises and WTI falls), OPEC production, world oil demand, North American and US storage, Iranian crude embargoes, and periodic and unplanned supply disruptions from everywhere from Libya to Nigeria to Fort McMurray.
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