Green Car Congress
OCTOBER 26, 2017
Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. The most near-term supply risk comes from Iraq. Iran probably won’t pose a supply risk to the market, at least not this year. by Nick Cunningham for Oilprice.com. bank Citi said.
Green Car Congress
JULY 16, 2017
Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “ increasingly worrying ”, due to a loss of $1 trillion ($1,000 billion) in investments last year. Its drive to increase overall gas production will also be based on a two-fold approach.
Plugs and Cars
JANUARY 29, 2010
In the Niger Delta, the pirates in armed speedboats attack tankers and work with militants in the delta's swamplands who steal around 150,000 barrels a day from oil installations or pipelines, around 5 percent of Nigeria's daily production. By 2015 the region is expected to be supplying 25 percent of U.S. oil imports.
Green Car Congress
JANUARY 13, 2017
Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in US shale production. The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. It is unclear, at this point, how rising US supply and falling OPEC output will ultimately balance out.
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