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.

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Green Car Congress

MARCH 23, 2017

To cut exports rather than production would hit hard the bottom lines of those who are heavy exporters, so it's quite clear why an oil cartel whose self-proclaimed mission is to secure "a steady income to producers" chose to cut "production" instead of "exports" in its latest supply-cut agreement. Link to original article: [link].

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Iraq Saudi Arabia Oil Oil Prices 150

Green Car Congress

OCTOBER 25, 2015

Moody’s Investors Service sees the contraction as too little to make a significant dent in the global supply gut. Moreover, Saudi Arabia and Russia have both increased production to their highest levels since the early 1990s.” “Moreover, Saudi Arabia and Russia have both increased production to their highest levels since the early 1990s.”

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Saudi Arabia Oil Prices Oil Russia 150

Green Car Congress

OCTOBER 20, 2015

In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts. Volatility is equally pernicious.

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Green Car Congress

APRIL 2, 2017

The so-called balance of supply and demand has always been a moving target, a race to the top in which the two run neck and neck. Perversely, imbalances breed further imbalances as the supply and demand components are provoked in opposite directions but with different timing, magnitudes and inertias.

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Green Car Congress

MARCH 8, 2017

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Global oil supplies plunged nearly 1.5 Link to original article: [link]. by Tsvetana Paraskova for Oilprice.com.

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Oil Prices Saudi Arabia Oil Price 170

Green Car Congress

FEBRUARY 3, 2017

It’s been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the supply-cut deal, and how US shale is responding to fifty-plus-dollar oil with rebounding drilling activity. Link to original article: [link]. The Oil War Is Only Just Getting Started.

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Green Car Congress

NOVEMBER 6, 2015

Then again, there is a question about whether or not shale can really be a major source of supply over the long-term. By the 2020s, the IEA says, the world will once again be dependent on traditional sources of supply—largely from the Middle East. Oilprice article for Green Car Congress: Day Of Reckoning For U.S.

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Cars That Think

AUGUST 29, 2022

Russia ranks second in the extraction of both crude oil (behind the United States and ahead of Saudi Arabia) and natural gas (behind the United States and ahead of Iran), and it is the sixth-largest producer of coal (behind Australia and ahead of South Africa). Here are the basic facts. share in 2020, by contrast, was about 9 percent.

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Ukraine Russia Saudi Arabia Fuel 81

Green Car Congress

JULY 16, 2017

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. Increased local demand is not only a growing problem for Saudi Arabia, but for most Persian Gulf producers. Saudi August crude exports could fall to around 6.6

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Green Car Congress

OCTOBER 31, 2014

The reasons for the cozier relationship between the two giant powers are, of course, rooted in the Ukraine crisis and subsequent Western sanctions against Russia, combined with China’s need to secure long-term energy supplies. Related: Should Europe Be Concerned About Russia’s Growing Energy Relationship with Asia? ).

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Russia Oil Saudi Arabia China 225

Green Car Congress

NOVEMBER 20, 2016

Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades. The decision to bring such important data to light comes as Saudi Aramco is preparing to partially privatize its assets, an IPO that could bring in some $100 billion. by Nick Cunningham of Oilprice.com.

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Saudi Arabia Oil Oil Prices Russia 150

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. Saudi Arabia said last week that it is lowering its production in January by 486,000 barrels per day, a volume that it promised to cut as part of the November deal. Link to original article: [link].

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Green Car Congress

JUNE 23, 2016

The argument emerged that having contributed to the collapse of world oil prices, US LTO was the new global swing producer, replacing OPEC leader Saudi Arabia in that role. If prices went too low the LTO operators couldn’t afford to drill, which would shrink supply and cause prices to rise. Link to original article: [link].

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Charged EVs

MAY 18, 2021

Extreme E’s first race, the Desert X Prix, took place on April 3 and 4, on an 18 km course centered around three canyons in the vast desert surrounding Al-’Ula, Saudi Arabia. Finally, the Odyssey 21 proved its mettle on the course at the 2020 Dakar Rally in Saudi Arabia. The all-terrain, all-electric Odyssey 21.

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Saudi Arabia Hydrogen Fuel Charging 67

Cars That Think

NOVEMBER 10, 2022

This sponsored article is brought to you by Technology Innovation Institute. With that, it has become imperative to extend a Zero Trust architecture to systems of autonomous systems to protect not only drones but also industrial equipment, supply chain automation, and smart cities.

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Building UAE Universal Design 128

Green Car Congress

JANUARY 5, 2019

Oil traders also took heart in news that Saudi Arabia is following through on major oil export reductions. In December, Saudi Arabia slashed oil exports by roughly 500,000 bpd, according to Bloomberg. Link to article: [link]. However, it could be some time before these cuts show up in the inventory data.

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Oil Saudi Arabia Market Oil Prices 207

Baua Electric

JANUARY 10, 2024

The turmoil is likely to have long-term ramifications for supply, and stands in stark contrast to the growing emphasis by governments on securing future access to critical minerals. Yet supply charged ahead as demand growth underwhelmed, and the result has been a price freefall. Australia’s Core Lithium Ltd.

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The Truth About Cars

AUGUST 8, 2023

With average fuel prices creeping back up, you’ve undoubtedly seen a slew of articles trying to explain why. & Legacy media outlets certainly seem to think so, as there’s a surplus of articles suggesting excessive heat is the main reason the national average is creeping back up to $4.00 per gallon. Today’s U.S.

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