Green Car Congress
MAY 24, 2017
As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. With this kind of impending discrepancy between supply and demand, the industry needs to start looking for new sources of oil, and quickly. by Haley Zaremba for Oilprice.com.
Green Car Congress
MARCH 13, 2015
The question begs then, has that money shown up in other parts of the economy? Columbia and Associate Director of the Maguire Energy Institute at the Cox School of Business at Southern Methodist University in Dallas says it has: “No question we’re seeing the effects of lower oil prices throughout the economy.”.
Green Car Congress
JULY 18, 2020
Therefore, beyond the immediate economic responses, the longer-term impact on the US economy may persist well beyond 2020. More specifically, reliably projecting the oil demand, a critical leading indicator of the state of the US economy, is beneficial to related business activities and investment decisions.
Green Car Congress
JUNE 1, 2016
It might be that we see quite a dramatic reduction in replacing the capacity and of course that will have an impact, eventually, on price.”. Oil companies are making painful cuts to spending, which will translate into much lower production than expected in the years ahead. The price acts as a self-correcting mechanism.
Green Car Congress
APRIL 10, 2015
With announcement of a historic nuclear deal framework between Iran and six global powers: America, France, Britain, China, Russia and Germany on April2, 2015, there is a good possibility that Iranian crude oil exports will increase greatly after June 2015 when the final nuclear deal is signed. Nigeria’s dilemma.
Green Car Congress
MARCH 27, 2020
The region faces months of rolling disruption as the conjoined health and economic crises play out across economies. EVs also face another headwind with the low price of oil prices, making them less competitive in terms of fuel cost savings vis-à-vis their internal combustion engine counterparts.
Green Car Congress
NOVEMBER 18, 2015
Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.
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