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API reports record US petroleum production in April: 10.543 million b/d; strongest April demand since 2007

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This was the strongest April monthly demand since 2007. Strong global demand raised international oil prices by more than domestic ones. Meanwhile, international Brent crude oil prices continued to increase by more—8.5 per barrel, which reinforces global economic and oil demand strength. from March but 3.8%

2007 259
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IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

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Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. IHS Markit expects global GDP to grow by 3.4%

Oil 276
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New USGS methodology identifies 23 mineral commodities the supply of which poses greatest risk to manufacturing

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The methodology evaluated the global supply of and US demand for 52 mineral commodities for the years 2007 to 2016. International trade tensions and conflict are well-known reasons, but there are many other possibilities. Heat map displaying the SR for all commodities examined for years 2007–2016. —Nedal Nassar.

Supplies 529
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Diesel Technology Forum: 57% of all commercial diesel trucks on the roads in US are near-zero emissions models

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Analysis of a study by S&P Global Mobility shows the number of new near-zero emission diesel trucks on the road in the US increased 10.2% of all commercial diesel trucks (Class 3-8) on the road are 2007 and newer and are equipped with particulate filters so they achieve near-zero emissions for particulates. are CNG, 0.3% That’s a 10.2%

Diesel 284
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New phase of globalization could undermine efforts to reduce CO2 emissions

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A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications. trillion) in 2014. trillion) in 2014.

Global 170
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New inventory of black carbon emissions from China finds 2007 levels higher than previously reported

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for year 2007. A new black carbon (BC) emissions inventory from China found BC emissions levels in 2007 of 1,957 Gg BC—higher than reported in earlier studies. Asia contributes more than half of global anthropogenic BC emissions and China is the largest emitter, according to the researchers. 2007 were used in this study.

2007 271
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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d by 2023 to 104.7

Brazil 218