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What Does The Next OPEC Meeting Have In Store?

Green Car Congress

MAY 23, 2016

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. There will always be a need for additional production.

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Saudi Arabia Iran Store Oil 150
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Tesla Giga Berlin announces temporary production halt due to Red Sea conflict

Teslarati

JANUARY 12, 2024

Tesla Giga Berlin recently announced a temporary production halt from January 29 to February 11 due to the conflict in the Red Sea. “The armed conflicts in the Red Sea and the associated shifts in transport routes between Europe and Asia via the Cape of Good Hope are also having an impact on production in Gruenheide.

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