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. “ —Gabriel Collins.
Green Car Congress
JULY 21, 2021
US crude oil exports have increased significantly since 2015 and have averaged around 3.00 million b/d every year since 2019. The four-week rolling average of US crude oil export volumes has not fallen below 2.00 High oil prices have contributed to steady crude oil exports recently.
Green Car Congress
MARCH 27, 2020
Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 million units. during the global recession in 2008/2009. Europe autos demand for 2020 is set at 15.6
Green Car Congress
APRIL 15, 2017
This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. According to the IEA, supply could lag demand in a few years, which could lead to a surge in oil prices. “
Green Car Congress
AUGUST 20, 2019
million barrels per day (mb/d) in July 2019, which represented a 0.9% was high-sulfur distillate fuel (HSD), which is a heating fuel in the residential and commercial sectors and a marine fuel when blended to upgrade heavy fuel oil. of capacity) and compensated for lower international demand for US petroleum exports.
Green Car Congress
OCTOBER 2, 2019
The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.
Green Car Congress
APRIL 23, 2018
With economic growth robust and prices still under pressure, indications are that the current strong global refined product demand growth will continue through to end-2020, averaging 1.1 in both 2018 and 2019, respectively, due to convergence of robust economic activity in many markets around the world. —Spencer Welch.
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