Cost Of, Global and Lebanon

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Cost Of

Global

Lebanon

US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Green Car Congress

DECEMBER 31, 2011

Chokepoints are narrow channels along widely used global sea routes, some so narrow that restrictions are placed on the size of vessel that can navigate through them. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million-bbl/d Tapline to Lebanon.

Oil

Oil Panama Saudi Arabia United Arab Emirates

Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

AUGUST 13, 2015

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. This increase in output occurs with the context of a narrow global demand opportunity.

Saudi Arabia

Saudi Arabia Oil Iraq Iran

EV Driven

US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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