Green Car Congress
OCTOBER 26, 2017
Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. The most near-term supply risk comes from Iraq. Iran probably won’t pose a supply risk to the market, at least not this year. by Nick Cunningham for Oilprice.com. bank Citi said.
Cars That Think
JULY 28, 2022
Of all the populous nations, only Bangladesh, India, Ethiopia, and Nigeria continue to eat very little meat. In 2020, average supply rates in India and Bangladesh were still below 5 kg of carcass weight per year, per capita—a bit less than in Ethiopia.
Green Car Congress
JULY 16, 2017
Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “ increasingly worrying ”, due to a loss of $1 trillion ($1,000 billion) in investments last year. But the current production increases in Nigeria, Iraq and Libya, will most probably be temporary.
Green Car Congress
MARCH 24, 2016
Moreover, supply outages in places like Iraq and Nigeria have also knocked at least a quarter of a million barrels per day offline, an unexpected disruption that put upward pressure on prices in March. Article Source: [link]. That has sparked a renewed sense of optimism among oil traders. That is not good news for oil prices.
Green Car Congress
OCTOBER 6, 2015
According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 Russia supplied about 30 percent (146.6 percent of GDP in 2014. mmbbl/day) in 2013. Death by Energy.
Green Car Congress
JANUARY 13, 2017
The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. That bodes well for a narrowing supply surplus—and ultimately a deficit—as well as falling inventories. It is unclear, at this point, how rising US supply and falling OPEC output will ultimately balance out.
Green Car Congress
JUNE 23, 2016
If prices went too low the LTO operators couldn’t afford to drill, which would shrink supply and cause prices to rise. If they somehow collude to restrict supply to affect prices they will be prosecuted and perhaps sent to jail. If and when prices rose the US rig count would rise and ultimately cause prices to fall again.
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