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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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However, the collapse in global oil prices has eroded a significant portion of the natural gas cost advantage. Additional issues that could hinder growth prospects include ongoing political tensions in Eastern Europe that could affect supply and the prices of gas exports from Russia to Western Europe.

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Saudis Expand Price War Downstream

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These two refineries have seen great success recently, following the recent dip in oil prices after a deal was reached between the P5+1 and Iran, and are likely to build upon their already impressive refining margins (Gross refining margin for Essar refinery was $9.04 So, who will reap the benefits of the low prices?