Green Car Congress
JULY 30, 2019
In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. also rose in Brazil and Norway. Source: Eni World Oil Review 2019. 2018 recorded an overall growth in oil production of 2.5 Source: Eni World Oil Review 2019. 2018 recorded an overall growth in oil production of 2.5
Green Car Congress
JULY 6, 2018
The reason they are likely to join in is that unlike in previous oil price cycles, now there are alternatives to fossil fuels. Electrification is where OPEC may have to face off with a future oil buyers’ cartel. At the same time, it still imports crude and quite a lot of it, so it cares about oil prices as a large buyer.
Green Car Congress
JULY 6, 2018
The reason they are likely to join in is that unlike in previous oil price cycles, now there are alternatives to fossil fuels. Electrification is where OPEC may have to face off with a future oil buyers’ cartel. At the same time, it still imports crude and quite a lot of it, so it cares about oil prices as a large buyer.
Green Car Congress
JUNE 27, 2012
Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests. Much of this increased capacity comes from “unconventional sources” such as US shale/tight oils, Canadian oil sands, Venezuela’s extra-heavy oils, and Brazil’s pre-salt oils. Oil: The Next Revolution."
Green Car Congress
FEBRUARY 25, 2016
According to Salim Morsy, senior analyst and author of the study, the central forecast is based on the crude oil price recovering to $50/barrel, and then trending back up to $70 or higher by 2040. —Colin McKerracher, lead advanced transportation analyst at BNEF. Although some 1.3 per year.
Green Car Congress
APRIL 10, 2009
A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.
Green Car Congress
JULY 6, 2017
The forecast, put together by the advanced transport team at BNEF, relies on likely future reductions in price for lithium-ion batteries and of prospects for the other cost components in EVs and internal combustion engine vehicles. It also factors in the rising EV commitments from automakers and the number of new EV models planned.
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