Green Car Congress
DECEMBER 23, 2016
million barrels per day in the second quarter of 2015, the industry did not break even. That all changed around the middle of 2015 when the most indebted and high-cost producers went out of business and consolidation began to take hold. Libya hopes to add another 300,000 bpd in output in 2017 after adding as much in 2016.
Cars That Think
FEBRUARY 4, 2022
It was after midnight in the Maltese search-and-rescue zone of the Mediterranean when a rubber boat originating from Libya carrying dozens of migrants encountered a hulking cargo ship from Madeira and a European military aircraft. But the post-2015 rules ballooned its budget. But neither the ship nor the aircraft came to the rescue.
Green Car Congress
JULY 11, 2016
million b/d, as production in Nigeria and Libya tentatively recovered along with steady increases for Saudi Arabia and Iran, according to an S&P Global Platts survey of OPEC and oil industry officials. Analysts said these two decisions which were taken at the June meeting could lay the groundwork for future cooperation on bigger issues.
Green Car Congress
AUGUST 25, 2015
CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. Are the futures market, CNBC’s oil traders, analysts, and major fund investors, and others, being lulled into an unjustified consensus? percent in 1H 2015. billion vs. $1.6
Green Car Congress
APRIL 10, 2015
The EIA even predicts that OPEC’s net oil exports (excluding Iran) could fall to as low as $380 billion in 2015. With the huge reduction in its revenues and growing discomfort among its members such as Venezuela, Libya and Nigeria over its current production levels, is OPEC really getting weaker? Source: [link].
Green Car Congress
OCTOBER 6, 2015
According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 in 2015 and 2016 respectively). in 2015 and 2016 respectively). percent of GDP in 2014.
Green Car Congress
JUNE 23, 2016
To this writer the most meaningless indicator of the future of world oil prices has been the weekly US oil rig count published by Baker Hughes and opined upon regularly by oil analysts and writers since late 2014. This modest uptick in the rig count once again caused concern and prognostication on the future of oil prices.
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